News

TwentyFour Asset Management and Numis Securities are launching a listed bond fund to raise between £100m and £200m.

The Pension Protection Fund has confirmed the method trustees must use to calculate guaranteed minimum pensions for schemes transferring into the lifeboat fund.

The auto-enrolment earnings trigger could be pushed up to £9,440 following a surprise increase in the personal tax allowance in yesterday's Autumn Statement.

The Treasury has been accused of pursuing self-interest and seeking to raise billions of pounds in corporation tax by allowing schemes to smooth discount rates.

Trust law may no longer be "the best vehicle" to underpin pension schemes, an influential High Court judge claims.

Concerns have been raised that the monitoring of incentive exercises will be based only on anecdotal evidence, whistleblowing and self-reporting.

Schemes facing valuations over the next year will have to provide the regulator with more extensive information about their recovery plans.

Leading industry figures have called for the industry to consider a code of conduct for third party evaluators.

Local government pension schemes sometimes show "inconsistencies" in their valuations, Bob Holloway, head of the LGPS2 Division at the Department for Communities and Local Government says.

The main changes to hit the industry from a packed statement