News

Employers should not be as worried as they currently are about the definition of ‘worker' for auto-enrolment, consultants have advised.

Employers who have reached their staging date or are preparing to go live in the coming months may be hit by the proposed simplification of auto-enrolment rules, industry figures have warned.

The Pensions Regulator is investigating 21 pensions liberation cases, after the amount of money transferred through the scams doubled to £400m last year.

Increasing contributions above the minimum level for auto-enrolment is not a priority at present, says pensions minster Steve Webb

The Bank of England's Monetary Policy Committee will tolerate missing the inflation target for the next two years in order to support the UK recovery, said Bank governor Mervyn King.

The Universities Superannuation Scheme's in-house investment manager, USSIM, has strengthened its private equity team with the appointment of Robin Filmer-Wilson.

BESTrustees has appointed Jim Smart to its team of independent trustees, bringing the number of directors and associates at the firm to 27.

Mirabaud Asset Management has launched a global high yield bond fund.

Institutional investors continue to diversify portfolios, tripling the number of global infrastructure mandates awarded over 2012, according to figures from Towers Watson.

The House of Lords has passed two amendments to the Public Service Pensions Bill which will secure equal representation for members and employers on scheme boards.