Credit

The multi sector credit market has doubled in the past three years to £96bn as schemes seek higher yields in the low return environment, according to Punter Southall Investment Consulting.

Investors should be wary of crowded credit trades that are too limited in their focus, Hermes Investment Management has warned.

Bond market slowly begins to catch up with demand

Universal credit (UC) rules penalise those on low incomes making it harder for them to put money into pensions says the Resolution Foundation.

Towers Watson has urged clients to consider reducing their exposures to high-quality corporate credit in favour of other assets such as bonds and equities.

Natasha Browne looks at the possibilities for pension schemes

Natasha Browne examines how pension funds are making cash work harder through short duration funds

A former member of the Monetary Policy Committee has claimed Bank of England governor Mervyn King was "unprepared" for the credit crisis and "controlled the bank with an iron fist."

The Pension Protection Fund has appointed a further nine asset managers to provide credit investments for the fund.

The National Employment Savings Trust will up its exposure to return-seeking assets through direct investment about five years into its life, its chief investment officer says.