News

The return for institutional investors from Vodafone's sale of its stake in Verizon Wireless will be diluted and could even put pension schemes at risk, experts warn.

Trustees who continue to pay bridging pensions beyond age 65 to reflect the rise in state pension age (SPA) could be in breach of trust, according to PTL managing director Richard Butcher.

A cross-border personal pension product would help European workers save more and channel money into proposed European Long-Term Investment Funds (ELTIFs) say fund managers.

The Pensions Advisory Service (TPAS) has appointed Michelle Cracknell as its chief executive.

Schemes with good defined contribution (DC) defaults focus on value, reduce volatility and make funds easily adaptable, the National Association of Pension Funds (NAPF) says.

The UK Debt Management Office (DMO) will launch a 55-year index linked gilt in the coming weeks but says issuing any bonds of longer duration remains difficult due to lack of demand.

The National Employment Savings Trust (NEST) has expressed interest in joining several defined benefit (DB) schemes investing in the pensions infrastructure platform (PIP).

Punter Southall Transaction Services (PSTS) has appointed Sankar Mahalingham as a principal in a newly-created role.

The BT Pension Scheme (BTPS) is to increase its allocation to emerging markets (EM) but warns schemes to examine their reasons for investing in the regions.

Trustees' knowledge and understanding of auto-enrolment (AE) has remained unchanged at 94% and 67% respectively since autumn 2012, The Pensions Regulator (TPR) says.