News

The National Association of Pension Funds is investigating steps it can take to help DC members get a better deal at retirement - hinting at the launch of a broker service.

Research by the National Association of Pension Funds (NAPF) shows that while employers welcome auto-enrolment (AE) complex regulations prohibit them providing more than the minimum requirement.

The next government must "brave up" and start raising AE rates towards 12% to 15% to manage expectations of savers, Joanne Segars has said.

The Pension Protection Fund levy is unlikely to fall significantly in the near future, in spite of rising funding levels, warns the fund's chief executive.

Funds aiming for buyout are targeting a "false objective" that constrains allocation to illiquid assets, Russell Investments managing director of client strategy and research Sorca Kelly-Scholte says.

Trustee boards should not try to cut back on their advisers' fees as it is a false economy and affects goodwill, the head of BP Pension Trustees Limited says.

Trustees must prioritise addressing their liabilities rather than focusing on assets, Aon Hewitt says.

The MF Global UK Pension Fund has left Pension Protection Fund (PPF) assessment after the scheme's trustees secured a £52m buyout with Pension Insurance Corporation (PIC).

Legal and regulatory changes should be made to give providers more flexibility to tackle legacy schemes, Standard Life workplace managing director Barry O'Dwyer says.

The Financial Reporting Council (FRC) is work on improving the reporting and accounts of smaller listed and alternative investment market (AIM) firms, its latest report says.