The re-branding of personal accounts as the National Employment Savings Trust is an important milestone in the process of implementing auto-enrolment and other employer duties from 2012.
While pension debate has tended to focus on accumulation and investment issues it is refreshing to see increased emphasis on how people can safeguard their income in retirement. Falling savings rates coupled with increasing longevity means many people...
UK/US - Two US investment management firms have decided to launch target date funds in an assault on the UK DC market, Global Pensions has learned.
Two US investment management firms have decided to launch target date funds in an assault on the UK DC market, Professional Pensions has learned.
UK - Lawrence Churchill is to leave his post as chairman of the Pension Protection Fund to become the first chairman of NEST Corporation, the trustee body overseeing the country's new personal accounts scheme.
Lawrence Churchill is to leave the Pension Protection Fund to become the first chairman of NEST Corporation.
AllianceBernstein has launched a default investment strategy for defined contribution schemes.
The confusing nature of UK pensions is damaging competitiveness and could stymie the recovery from recession, top industry figures warn.
UK - The confusing nature of UK pensions is damaging competitiveness and could stymie the recovery from recession, top industry figures warned.