News

Details of the thematic review of the £11bn annuity market have been revealed by the Financial Services Authority.

The annuity market will come under investigation by the Financial Services Authority later today when a major review is announced.

Pension funds should have nothing invested in western sovereign bonds, Conservative MP John Redwood says.

Debt monetisation is a "creeping reality" and will usher in a period of high inflation, according to an investment grade bond manager.

Confusion over the definitions of pay reference periods for auto-enrolment contributions could lead to employers underpaying pension contributions, a lawyer has warned.

National Employment and Savings Trust Corporation has revealed it saw a 40% opt-out rate following its auto-enrolment staging date.

The Pensions Regulator chairman Michael O'Higgins has urged trustees to consider equity and infrastructure investment in a bid to avoid "reckless prudence" in investment strategies.

Quantitative easing has cost defined benefit schemes £90bn but smoothing may be "too little, too late", the National Association of Pension Funds warns.

Former tax boss Andrew Meeson set up the allegedly "fictitious" Moya pension schemes at the behest of convicted fraudster Thomas Scragg, a court heard yesterday.

Royal Borough of Kingston upon Thames pension fund has hired Aon Hewitt as its investment consultant ahead of a review of the fund's investment strategy and asset allocation.