Investment

Sherborne Investors' Edward Bramson's eagerly-awaited strategic review into F&C has laid out plans to cut costs, leading to staff redundancies.

The National Association of Pension Funds will publish a list of pensions legislation it thinks should be scrapped in the new year.

The Pensions Regulator has warned investors it will take action against firms triggering pre-pack insolvencies to offload pension liabilities from businesses, delegates heard.

The pensions industry must become more transparent on costs and charges and hold firm on the merits of auto-enrolment, delegates heard.

The Pensions Regulator is determined to ‘get under the skin' of the country's 1,700 hybrid schemes to ensure they are properly monitored.

The current defined contribution set up is inefficient, in adequate and will lead to poor member outcomes for generations unless it is radically overhauled, delegates heard.

Complying with auto-enrolment regulations is going to be an "absolute minefield" for certain employers and they must start planning accordingly, delegates heard.

Some of the UK's biggest asset managers have teamed up to create the Defined Contribution Investment Forum in a bid to help DC schemes meet members' investment objectives.

Target date funds are not adequate to address the problem of defined contribution retirement saving, Lord Hutton says.

Pension funds are developing a code of conduct around charging transparency which will see customers told "in pounds and pence" how much of their savings are lost in management charges.