Lifestyle strategies in the UK defined contribution market are too rigid and their underlying asset allocation and management is not dynamic enough, ATP says.
UK - The National Employment Savings Trust has appointed F&C Asset Management and HSBC Global Asset Management to manage its ethical and Sharia funds, respectively, it announced today.
Many workers will not get £140 flat pension; UK pension hires sharia and ethical managers; Bid to reduce risk; A US annuity scheme has lessons for pension sector; Time to air fiduciary issues at AGMs
B&CE has overhauled its EasyBuild Workplace Pension offering to offer a 0% annual management charge for the first year of auto-enrolment.
The government has so far failed to meet its promise on entering office to reinvigorate occupational pension schemes, the Association of Consulting Actuaries says.
The trustee board of NEST has taken out liability insurance through OPDU and its underwriters ACE European Group.
UK - The government could be forced to subsidise the National Employment Savings Trust to the tune of £379m ($606m), European Commission documents show.
The government could be forced to subsidise the National Employment Savings Trust to the tune of £379m, European Commission documents show.
GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.
The National Employment Savings Trust will act as a benchmark for UK pension funds on responsible investment practices, industry experts say