Trustees are in danger of widening funding gaps by focusing too much on the risks and returns of individual asset classes, State Street Global Advisors argue.
The asset manager has published a paper Managing Pension Risk: Confront Your Risk/Reward Dilemma urging underfunded schemes to consider risk budget across their entire portfolio. The report says the...
The British Medical Association (BMA) has warned chancellor Philip Hammond to reform the NHS pension scheme rules or doctors will reduce their working hours.
The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.
Action for Children Pension Fund has outsourced its pensions administration to Trafalgar House.