UK schemes have slashed equity allocations to below 40% in the past year, bringing portfolios more in line with their European counterparts, according to Mercer.
The pensions industry must prove to government that it is "part of the solution to the pensions issue and not the problem," the director of life, pensions and savings for the Association of British Insurers (ABI) has said.
Insight Investment has hired Paul Trickett as a non-executive director subject to Financial Services Authority (FSA) approval.
Shilling Communication has hired three technology specialists in order to boost its digital offering.
The National Society for the Prevention of Cruelty to Children (NSPCC) Pension Scheme has tied up a £63m buy-in with Pension Insurance Corporation (PIC).
Majority of employers say poor retirement savings, as a result of defined contribution schemes, will lead to an inability for them to take on younger employees and graduates, research from Hymans Robertson shows.
Hymans Robertson has launched a defined contribution (DC) offering called Guided Outcomes (GO), which focuses on retirement income replacement rates rather than pot size.
Naomi Rainey on the benefits of diversification
This week respondents air doubts about DB-lite, back calls to give TPR more powers, and are unconcerned about the regulator's use of secondees.
Helm Godfrey has launched a multi-employer, auto-enrolment compliant pension scheme for the film industry.