News

Employee awareness of automatic enrolment (AE) has risen by two thirds over the past year, according to Scottish Widows.

A former member of the Bank of England's (BoE) Financial Policy Committee (FPC) has dismissed the current strategy of forward guidance, saying it is not what the market wants.

Defined contribution (DC) saving vehicles should make more use of gilts to give members more certainty about their post-retirement income, says Schroders.

The fiduciary management (FM) market has doubled over the last two years as an increasing number of schemes are focusing on a long-term goal, says Aon Hewitt.

Volatile equity markets and government bond markets hitting all-time lows are prompting investors to turn to alternative assets in increasing numbers, says LGT Capital Partners.

The process of gilt-yield reversion will be long and drawn out despite signs this year could be the most challenging year for bond investors since 1994, says Kames Capital.

Schemes should look to equity dividends as a source of sustainable growth in post-credit crunch markets, says Newton Investment Management.

Conservative MP John Redwood warned delegates that investors were on the brink of a "big bond bear market" and cautioned against continuing to increase bond allocations.

Shadow chancellor Ed Balls has promised that a Labour government would restrict higher rate pensions tax relief.

Smiths Group has struck a fourth buy-in for its TI Group Pension Scheme, in a £170m deal with Pension Insurance Corporation (PIC) that takes its total insured liabilities to more than £800m.