Investment

Around one in four investors currently not using a fiduciary manager may appoint one in the next year, Russell Investments says.

M&G's Richard Woolnough said the possibility of another £375bn in asset purchases by the Bank of England means gilt yields could remain at record lows for years to come.

Sponsors will be forced to support schemes for the next five to ten years because the relationship between risk-free assets and inflation is "broken", UBS says.

Friends Life has launched an in-house asset management business to manage the firm's fixed income assets.

F&C has unveiled two annuity-matching funds for defined contribution schemes, run by its liability driven investment team.

Wessex Water Pension Scheme has appointed Russell Investments to act as fiduciary manager.

Trustees are not engaged with default funds or charges, despite both issues being in the spotlight ahead of auto-enrolment's introduction later this year, the Pensions Regulator says.

The Department for Work and Pensions has clarified the way in which consultants are allowed to charge for setting up group personal pensions for auto-enrolment.

The Bank of England is likely to pump another £50bn into the UK economy today, in the latest round of quantitative easing.

Schemes are set to gain a reprieve from impending European derivatives regulation, following warnings that banks will pass on increased costs to their pension fund clients.