XPS Pensions has launched a service for trustees of defined benefit schemes allowing them to retain full control of investment decision making while delegating implementation.
Some 39% of people over the age of 50 are not willing to take any investment risk with their pension savings, Retirement Advantage research finds.
KPMG has appointed Pat Race as a partner in its pension investment advisory team.
While rising rates will reduce liabilities, global divergence in monetary policy poses serious risks for scheme funding levels, writes Stephanie Baxter.