UK schemes have lost as much as £500m by buying into corporate bonds just as returns turned downwards, Hewitt Associates claims.
The consultancy firm said net investment into corporate bonds by pension funds amounted to over £15bn in the first half of the year – up by more than 50pc on the total for the whole of 2006. It said...
The master trust is investing directly in commodities for the first time and setting up its first segregated mandate. Stephanie Baxter looks at this step change
Unprecedented levels of provider consolidation means trustees must regularly monitor and assess security of members' assets, the Security of DC Assets Working Party has warned warns.
John Govett has been appointed chief executive of the single financial guidance body (SFGB), the Department for Work and Pensions (DWP) announced today.
The Competition and Markets Authority (CMA) will publish its provisional decision as to whether there are adverse effects on competition in the investment consultants market on the morning of 18 July.