Investment

Auto-enrolment into default funds could be a barrier to pension engagement, delegates at the PP show heard.

The need to take a holistic approach to liabilities and investment strategies lends itself to fiduciary management, PP Show delegates heard.

Pensions minister Steve Webb has defended supermarket Morrisons from criticisms of its pension scheme.

The Pensions Regulator chairman Michael O'Higgins has warned trustees not to be "recklessly prudent" in negotiations with employers or in their investment strategy.

New rules changing the amount of capital banks must hold to transact derivatives are likely to affect pension funds in Europe. The good news is the effect is likely to be limited if funds work with their bank counterparties to optimise their positions...

OCR has secured a buyout with Metlife Assurance for its £11m RSA Examinations Board Retirement Benefits Scheme.

Standard Life Investments has appointed John Devine to its board as a non-executive director.

FTSE350 scheme deficits have remained virtually unchanged since 2002 while FTSE100 longevity assumptions have increased for the sixth year running, Mercer says.

The Welsh Assembly Members' scheme will not be reformed as a defined contribution arrangement due to fears this would dissuade "high quality" candidates standing for election.

The use of asset-backed contributions to fund schemes will double over the next three years after HM Revenue and Customs clarified its stance on the arrangements, says Deloitte.