Investment

Alliance Trust Savings has appointed Patrick Mill as managing director.

Legal & General Investment Management has appointed to two senior roles, following the retirement of its chief operating officer and head of large UK clients.

Finance and Technology Research Centre director Ian McKenna has said the auto-enrolment of small to medium sized enterprises will be a "political disaster".

The average time taken to get through the Pension Protection Fund assessment should fall below 12 months after the introduction of a new data audit tool, says the lifeboat fund.

A Pension fund preference for brownfield investments over greenfield could hamper government plans for infrastructure investment.

Emerging market infrastructure, emerging market government bonds and high yield corporate bonds could provide growth and a steady income stream for schemes over the next year, delegates heard.

O2 is set to close its final salary defined benefit scheme to future accrual due to poor economic conditions and the impending cost of auto-enrolment.

Almost 4,000 members of the Financial Assistance Scheme have had their benefits reduced after overpayments resulting from administrative errors.

Shilling on how to be a communications angel

Trustees must take a position on the direction of interest rates before they decide on their investment strategy, according to Hermes Fund Managers chief executive Saker Nusseibeh.