News

Alliance Trust Savings has appointed Patrick Mill as managing director.

Legal & General Investment Management has appointed to two senior roles, following the retirement of its chief operating officer and head of large UK clients.

Finance and Technology Research Centre director Ian McKenna has said the auto-enrolment of small to medium sized enterprises will be a "political disaster".

Lord Hutton, chairman of MyCSP and author of the government's public sector pension reforms, will join the National Association of Pension Funds retirement policy council.

Jardine Lloyd Thompson Group has bought Alexander Forbes Consultants & Actuaries for £17m.

The average time taken to get through the Pension Protection Fund assessment should fall below 12 months after the introduction of a new data audit tool, says the lifeboat fund.

Morrisons supermarket had around 5,000 of its employees actively opt-in to its pension scheme before the official staging date on the 1st of October.

A Pension fund preference for brownfield investments over greenfield could hamper government plans for infrastructure investment.

Hymans Robertson senior consultant Jon Hutchings says unnecessary tenders will push up the cost of consultancy for schemes.

Auto-enrolment legislation may lead to an increase in performance-related litigation, as employers are not specifically protected from responsibility for investment results.