Pension funds need to generate active returns on fixed income to compensate falls in their equity holdings, State Street Global Advisors says.
SSgA senior product engineer Elizabeth Para said the spread of liability-driven investment solutions meant many schemes had invested a greater proportion of their assets in corporate and government debt....
The Department for Work and Pensions (DWP) will develop and test new ways to include 4.8 million self-employed workers in pension savings.
Opt-out rates at the end of June 2018 "remained consistent" with levels before the April contribution rate increase, according the Department for Work and Pensions (DWP).
The Pensions Regulator (TPR) has appointed Charles Counsell as its new chief executive, who will take over from Lesley Titcomb next year.
The Financial Reporting Council (FRC) should be abolished and audit and advisory businesses should be split into separate entities to improve the sector for both savers and investors, two reports published today say.