News

The government must rein in pension promises, or find the funds to back them as the state's unfunded liabilities approach £6trn, argues the Centre for Policy Studies (CPS).

The proportion of asset managers reporting to clients on their stewardship and voting activities fell last year, according to the Investment Association.

Pensions minister Ros Altmann should focus on three areas to improve UK schemes over the next five years says Tor Financial managing director David Harris.

DWF has hired Sinead Sheehan from Squire Patton Boggs after losing seven pension lawyers to rival firms in the last six months.

Minister for disabled people Justin Tomlinson will be the spokesman for pensions in the House of Commons, the Department for Work and Pensions (DWP) has confirmed.

Government keen to soften the blow on departing sponsors

Just one in eight European pension schemes plan to increase passive investment over the next three years while half will put more capital into active, according to a survey.

Kevin LeGrand has left Buck Consultants to become an independent consultant.

David Taylor has been made an executive director at the Pension Protection Fund (PPF) and will sit on the board.

The proportion of people looking to take their pensions as cash has declined by almost a third over the weeks since the launch of the freedom reforms, according to research.