Pension funds should have nothing invested in western sovereign bonds, Conservative MP John Redwood says.
Schemes heavily invest in gilts to match their liabilities and meet regulatory standards. But the Evercore Pan Asset investment committee chairman told delegates at the Barnett Waddingham Investment...
The Centre for Social Justice is calling for the state pension age to be raised to 70 by 2028 and to 75 by 2035, a much faster rise than currently planned.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
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.