Investment

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 latest developments in the property market

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.

The Pensions Regulator needs to "beef up" its advice to consumers about alternative annuities, Prudential head of business development Vince Smith-Hughes says.

Schemes using liability-driven investment strategies could have misjudged their swap contract costs for more than four years due to the LIBOR manipulation scandal.

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.