News

Jim Cressey, the interim head of pensions at EDF Energy, has died suddenly at the age of 60.

State Street Global Advisors (SSGA) and JP Morgan Asset Management (JPMAM) have confirmed their intention to enter the UK target date fund (TDF) market.

Opt-out rates averaged around 9% in the first six months of auto-enrolment (AE), the Department for Work and Pensions (DWP) has confirmed.

Schroders has increased its institutional assets under management (AUM) by 13% helped by the purchase of US manager STW, its interim results show.

Aviva has reported a £776m net profit for the first half of this year, following a £624m loss for the half year 2012, but said UK life operating profit fell.

The Department for Work and Pensions (DWP) today confirmed that its five-yearly reviews of the state pension age (SPA) will be based on Government Actuary's Department (GAD) analysis.

UK pension funds' approach to carbon holdings and sustainability risks is "very varied", ShareAction chief executive Catherine Howarth says.

Consultants providing auto-enrolment (AE) solutions are beginning to scale back bespoke offerings as the risks of non-compliance are too high.

The Pensions Regulator's (TPR) decision to publish a guide advising smaller employers to avoid trust-based defined contribution (DC) schemes has been slammed by the industry.

The Ministry of Justice (MoJ) is planning to merge 35 probation trust pension funds to a single fund hosted with the Local Government Pension Scheme (LGPS).