Investment

Joint life annuities still have a role to play according to the Pension Advisory Service.

Some of the UK's top firms have been forced to up their longevity increase assumptions after underestimating the rate at which their scheme members' life expectancy is improving, Hymans Robertson said.

Banks should be subject to the same level of scrutiny as the trustees of pension funds, a consultancy says.

Barclays' submission of a memo to the Treasury Select Committee has revealed how Bank of England officials advised the bank on LIBOR.

Ivan Petej discusses foreign exchange hedging.

Steve Webb will call on the industry to create saving vehicles with affordable guarantees to meet the "huge appetite for certainty" among consumers.

Blackrock has acquired the European private equity and infrastructure fund of funds arm of Swiss Re and entered into a strategic agreement with the re-insurance house.

The Department for Work and Pensions has published guidance on auto-enrolment scheme certification for employers and advisers.

The liabilities of the FTSE350's schemes have reached 35% of their sponsoring employers' combined market capitalisation, Aon Hewitt says.

Pension funds run by specialist managers outperform funds run by balanced managers over 20 years, according to Cass Business School research.