News

Brian Singer - the former head of global investment solutions at UBS Global Asset Management - has launched a diversified growth fund (DGF) in a bid to target the UK scheme market.

WH Smith has agreed a £13m a year recovery plan to plug the deficit of its closed defined benefit scheme over the next seven years.

The Pensions Regulator is investigating investment holding company Guinness Peat Group over its pension scheme responsibilities.

The Environment Agency Pension Fund has appointed The Townsend Group to develop a global portfolio up to £240m in real assets like property, infrastructure, forestry and farmland.

An investor group campaign, led by Hermes Equity Ownership Services (EOS), Aberdeen Asset Management and F&C, has secured disclosure of minority shareholders representatives on the Petrobras board.

Consumer group Which? has called on the government to ban consultancy charging entirely from auto-enrolment pension schemes to give savers a 'fair deal'.

Nearly a quarter of adults (23%) in the UK have lost track of at least one pension pot according to research from charity Age UK.

Many buzz respondents were concerned that The Pensions Regulator's proposed approach to regulating trust-based defined contribution schemes could overload trustees.

The recent publication of the General Anti Abuse Rule has bolstered measures to limit "extreme" tax avoidance and will focus governance on tax, experts say.

Less than 10% of staff auto-enrolled by The Co-operative have chosen to opt out of the scheme.