Investment

Insurers have started to turn down employers who want to expand existing schemes for auto-enrolment, PP has learned.

The Greater Manchester Pension Fund is considering teaming up with Manchester City Council to build nearly 250 new homes in the city.

The Rail Maritime and Train union will ballot its members for industrial action over the continuing dispute concerning the East Midlands Trains section of the Railways Pension Scheme.

Professional Pensions is set to publish a guide to auto-enrolment and pensions reform on June 28.

Governor of the Bank of England, Sir Mervyn King, will signal on Wednesday that interest rates will remain around their record low until the end of next year at the earliest.

The Pensions Regulator has been urged to report on the workplace defined contribution market in greater detail, after Office for National Statistics figures revealed the size of the market for the first time.

The Bank of England's monetary policy committee has resisted calls for further quantitative easing and has left its programme of stimulus unchanged, while holding rates.

Royal London Asset Management saw a £495m business outflow last quarter as two large investors ditched their investment strategy with the firm, it announced today.

The pensions industry has used the Cabinet Office's ‘red tape challenge' to increase pressure on the government to abandon plans on Guaranteed Minimum Pension equalisation.

Fidelity could implement ‘save more tomorrow' for its clients after auto-enrolment.