Investment

The Federal Reserve has unleashed a third round of quantitative easing to support the US economy following a wave of poor data and a weakening labour market.

Insurance group Admiral has boosted the membership of its scheme from 1,100 to 2,000 since March through a staff awareness campaign.

The Universities Superannuation Scheme has announced its deficit has increased from £2.9bn to £9.8bn over the past year due to historically low gilt yields.

The Superannuation Arrangements of the University of London has appointment Legal & General Investment Management as its liability driven investment manager.

Companies are factoring a possible eurozone break-up into their business plans, but are not taking the same steps for their pension scheme, a Towers Watson survey reveals.

George Osborne will deliver his annual Autumn Statement on 5 December.

Trustees should take a "beliefs-based approach" to investing that integrates sustainability concerns with long-term mandates, Towers Watson has said.

Rising equity markets coupled with a small increase in gilt yields helped scheme deficits improve by £2.7bn over August, according to the PPF 7800 index.

Around a third of trustees have plans to leave their posts within the next five years, MetLife warns.

The Financial Services Authority has fined BlackRock Investment Management Limited £9.5m for client money breaches.