Investment

Unite the union has taken the first steps towards industrial action over pensions provided by building materials firm Cemex.

National Employment Savings Trust Corporation has admitted scaling back its take up projections, and said the auto-enrolment delay for small businesses will increase its loan repayments.

Gilt yields hit a new record low yesterday as investors continued to buy up UK debt amid concerns the European Union has not done enough to avert a financial meltdown.

The National Employment Savings Trust is set to take a more prominent role in shareholder activism and sustainable and responsible investment lobbying.

Prime minister David Cameron has caused the EU to fracture after refusing to sign up to a new treaty over concerns about financial services regulation.

Listen to our latest Pensions Conjecture debate on Defined Contribution.

The government has begun consulting on how insurers can use gender as a risk factor after a European Court of Justice ruling said providers could not charge different premiums to men and women because of their sex.

Schemes are increasingly turning to liability-driven investment in volatile economic conditions, a poll of 100 pension executives has found.

Pressure to prepare properly for auto-enrolment is mounting on employers and those who have not yet thought about it must act now, Fidelity says.

The Pensions Regulator will give trustees a "clear steer" on acceptable approaches to funding and recovery plans in the spring, Bill Galvin confirms.