UK pension funds' allocations to home grown equities has more than halved since 1998 according to Towers Watson's Global Pension Assets Study.
More broadly funds' allocations to equities fell by a third in the past decade. UK pension funds have increased allocations to bonds from 24% to 37% since 2004 and defined contribution (DC) assets currently...
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MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.