ABI

Tom McPhail says saving is only half of the battle

Insurance industry organisations need to do more on stewardship, Financial Reporting Council (FRC) senior investment adviser Peter Montagnon has said.

The pensions industry must prove to government that it is "part of the solution to the pensions issue and not the problem," the director of life, pensions and savings for the Association of British Insurers (ABI) has said.

There was plenty of scepticism about the prospects of an investor forum driving up returns, a decent amount of indifference, and an extremely small amount of optimism.

Long-term asset owners must be the "overwhelming voice" in any proposed UK investor forum, according to industry figures.

The National Association of Pension Funds is teaming up with the Investment Management Association and Association of British Insurers to push forward plans to set up an investor forum.

Rachel Dalton examines the forces closing in on money purchase.

In the age of instant communications and wide-spread personal publishing, campaigns are easy to start. If you want to shout about something, a couple of tweets or a blog can get the message out there fast.

The Department for Work and Pensions is considering an outright ban on consultancy charges on pensions which are borne by members.

The Office of Fair Trading has launched an investigation into the value for money of workplace defined contribution pensions schemes.