News

Public sector employers are running out of time to make sure they comply with incoming auto-enrolment legislation, experts warn.

Investors have allocated more than €50bn (£40.6bn) of new assets to long-term funds in the first quarter of 2012, says Morningstar.

The pensions industry has used the Cabinet Office's ‘red tape challenge' to increase pressure on the government to abandon plans on Guaranteed Minimum Pension equalisation.

Fidelity could implement ‘save more tomorrow' for its clients after auto-enrolment.

Aberdeen Asset Management increased its assets under management by 9% during the last two quarters and boosted its pre-tax profits by 14%, its latest results showed.

A group of high-level chief investment officers has criticised modern portfolio theory for failing institutional investors.

Conventional gilt holdings for local government pension schemes increased by £441m last year as rising prices and increased allocations boosted the value held by the LGPS, figures show.

Strathclyde Pension Fund is shifting its global equity holdings further out of active management and boosting its private equity allocations.

Increasing direct hedge fund investment by UK schemes is driving fund of fund managers to become more like consultants, industry figures say.

The Supreme Court has ruled employers may have powers to forcibly retire staff at 65 - putting in doubt the abolition of the default retirement age.