Investment

The Office for National Statistics has revised up its estimate of second quarter growth from a 0.7% contraction to a fall of 0.5%.

The Environment Agency Active Pension Fund is set to drastically reduce its gilt holdings in favour of corporate bonds after reviewing its investment strategy.

Bernard Abrahamsen offers alternative sources of index-linked income.

Consultants are seeing a surge of interest in incentivised transfer exercises after the publication of a code of practice earlier this summer brought some certainty to the market.

Dawson International has entered administration after directors and trustees failed to agree on a solution to plug the firm's scheme deficit.

Pension Fund Service has launched a ‘pensions platform' which it says will allow schemes to share investment consultancy fees.

PRS for Music has named Aon Hewitt as its pension services consultant.

The number of schemes retendering investment consulting services has dropped by 44% in two years according to research from IC Select.

Travis Perkins Group has appointed Standard Life as its pension provider in the run-up to automatic enrolment.

The Department for Work and Pensions has confirmed it will introduce legislation restricting enhanced transfer exercises if a voluntary code to improve deals does not work.