Buyout companies will move into alternative asset classes from 2013 because of changes to the way they hold capital under Solvency II, consultants say.
LCP partner Charlie Finch (pictured) said as a result of Solvency II – expected to come into force on 1 January, 2013 – specialist pension insurers will rebalance asset allocation to be more efficient...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).