Scheme allocations to alternative assets have increased almost three-fold over the past 10 years, Towers Watson research reveals.
The consultant's analysis of the top 100 alternatives managers showed allocations to these asset classes have continued to rise and now account for 17% of all pension fund assets globally, up from 6% ten...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.