News

The Pensions Advisory Service (TPAS) expects an increase in calls concerning automatic enrolment (AE) between 2013 and 2014 as smaller organisations become affected.

National Association of Pension Funds (NAPF) director of policy Darren Philp is to leave the lobbying group joining B&CE in a similar capacity.

Defined contribtuon (DC) contract providers have given their verdicts government plans to lift NEST's contribution cap and transfer restrictions in 2017.

Oxford Capital has launches a renewable energy infrastructure programme for pension funds, targeting index-linked yields of 7-9%.

The UK Coal pension scheme has entered the Pension Protection Fund (PPF) as part of a deal to save its sponsoring employer from insolvency.

Citi has secured a £1.5bn buyout for its EMI Group Pension Fund in the biggest bulk annuity deal concluded in the UK so far.

Labour has accused the government of pandering to special interests as it delays lifting the restrictions on the National Employment Savings Trust (NEST) until 2017.

Restrictions on the National Employment Savings Trust (NEST) will be removed to allow it to "focus on its target group without any distraction", says pensions minister Steve Webb.

The Association of British Insurers (ABI) claims the government's defined ambition (DA) project faces "formidable obstacles".

Pension fund have increased allocations to alternatives over the last year and now have more than $1.3trn (£870m) invested with the biggest alternative asset managers, says Towers Watson.