News

WSB understands that Unison has been unsuccessful in its bid to overturn employment tribunal fees.

Michael Johnson sets out plans for an efficient £178bn superfund

Up to £25.8bn of assets in contract-based and bundled trust-based defined contribution (DC) schemes is in funds charging 1% or more annually, according the Independent Project Board (IPB).

The Local Government Pension Scheme (LGPS) is at risk of falling into a cash flow crisis following years of lax governance, Centre for Policy Studies research fellow Michael Johnson has warned.

Here they are… The key findings of the Independent Project Board's final report into the charges and benefits in workplace defined contribution schemes, published today.

The Financial Reporting Council (FRC) has revised regulation around Statutory Money Purchase Illustration (SMPI) regulations to let providers use their discretion on assumptions relating to auto-enrolment increases and guaranteed annuity rates.

Prudential has launched a flexible drawdown option to its range of retirement products ahead of pension freedoms which come into force in April next year.

Dr Nicholas Motson, a lecturer in finance at the Cass Business School, has called for greater disclosure of fund holdings to allow researchers to calculate retail funds' 'active share'.

UK CPI inflation fell further than expected in November to its lowest level since 2002, according to the Office for National Statistics (ONS).

High-yield bonds are an attractive investment proposition in a positive growth environment with the prospect of rising interest rates in 2015, according to Schroders.