News

Inflows into European peripheral debt have soared as investors prepare for a widely expected announcement of quantitative easing by the European Central Bank (ECB).

Sterling fell against the euro and the US dollar as the latest Monetary Policy Committee (MPC) minutes revealed a unanimous vote against hiking interest rates.

The new Pension Wise service is being tested to ensure it meets any surge in demand according to pensions minister Steve Webb.

Providers have shown interest in plans to allow people to unwind their annuities according to pensions minister Steve Webb.

The Pensions Regulator (TPR) will remind 1.5 million small and micro employers of their auto-enrolment obligations from the end of the month.

The Shipbuilding Industries Pension Scheme (SIPS) has invested £125m in a UK property fund launched by First Property Group.

A group of more than 150 shareholders including 13 UK public schemes have filed resolutions to force BP and Shell to disclose risks associated with climate change.

Pensions minister Steve Webb has floated plans to allow providers to bulk transfer members from legacy schemes to more cost efficient models.

Towers Watson is the latest firm to enter the UK defined contribution (DC) master trust market, with a scheme aimed at large employers.

FTSE 350 deficits have climbed 40% since September with spiralling gilt and corporate bond yields putting increased pressure on schemes.