News

Threadneedle Investments has launched a global multi-asset income fund in response to the additional pension flexibilities announced in this years' Budget.

Life and pensions underlying profits at Lloyds Banking Group were down 18% to £461m in the first half of the year, latest results show.

Origo has published a set of standards aimed at ensuring schemes, employers and payroll providers can handle auto-enrolment data.

Towers Watson has urged clients to consider reducing their exposures to high-quality corporate credit in favour of other assets such as bonds and equities.

Mercer has revamped its investment approach for defined contribution (DC) schemes in response to the government's liberalisation of pensions.

A £5bn issuance of index-linked gilts (ILGs) yesterday was almost three times oversubscribed despite offering the lowest ever real yield for a bond of its type.

The Childcare Voucher Providers Association (CVPA) has slammed the government's decision to choose National Savings & Investments (NS&I) as the sole provider for the new Tax-Free Childcare scheme.

National Savings and Investment (NS&I) will work alongside HM Revenue and Customs (HMRC) to provide the government's new tax-free childcare scheme - following the wishes of employers.

JLT Employee Benefits' paid £9.9m to acquire Ensign Pensions Administration from the Merchant Navy Officers Pension Fund in May, according to the firm's half-yearly report.

Annuity sales have dropped 43.8% year on year as retirees wait for pension freedoms to begin in April 2015, according to latest research.