Investment

UK schemes achieved an average return of 4.3% on investments last year led by gilt returns of more than 20%, a study shows.

Professional Pensions is set to publish a special focus on data hubs and middleware for auto-enrolment in April.

The National Employment Savings Trust has warned that any scheme given an obligation to act as a small pot aggregator should not pass the costs on to existing members.

The ICGN has launched a model contract designed to promote "optimal alignment" between asset owners and asset managers.

The Pensions Regulator has spent nearly £3.2m on external barrister fees over the past two years, with one-third of those costs spent on one legal case alone, figures show.

Getting HR and payroll systems ready for compliance with auto-enrolment requirements is the biggest pensions challenge facing employers, Mercer research reveals.

The National Employment Savings Trust has finalised its opt-out process ahead of the introduction of auto-enrolment later this year.

The Financial Services Authority has removed the permissions of SIPP provider HD Administrators with immediate effect after two directors were arrested.

Resolution is preparing a "self-managed" exit from Friends Life in 2014 that would see the company split between a fit for purpose life company and a closed life fund consolidator.

The average defined contribution member has lost £2,750 a year from their income in retirement over the last year, research finds.