The Pensions Regulator has said it will run some form of hardship policy for employers who cannot afford to comply with employer duties.
Manager search activity increased in 2010 with emerging markets and alternative asset classes receiving most interest, research by Mercer reveals.
AUSTRALIA - Simple, low-cost financial advice should be incorporated into the MySuper default fund structure offered by superannuation funds to increase members' engagement with their pensions, according to Mercer.
Chief executives of the country's largest companies will receive official notification of their auto-enrolment responsibilities from The Pensions Regulator this week.
Pension schemes should be legally obliged to perform due diligence before appointing a fiduciary manager, consultants say.
Interest rate hedges by pension funds fell by 24% over the first quarter of the year, hit by a difficult swap market and stale funding levels, F&C reports.
Fidelity has launched the CB Richard Ellis UK Property Fund on its defined contribution platform.
Just two FTSE100 firms plan to use NEST as their default pension arrangement for new starters post-2012, research from Towers Watson reveals.
BlackRock has been hit by another senior management departure after its European head of structured solutions portfolio management quit to join a rival firm.
EUROPE - The European Commission will extend capital requirements for pension schemes across Europe as early as 2016, industry sources say.