News

Around one in four investors currently not using a fiduciary manager may appoint one in the next year, Russell Investments says.

Total defined benefit liabilities for UK schemes deflated to £267bn last month after May's record high of £312bn, according to Pension Protection Fund data.

More than four in five members of the public are completely unaware of auto-enrolment, says Aon Hewitt.

A conservative MP and close ally of the prime minister will today call for pensioner benefits to be means tested.

Bluechip firms have seen their pension deficits more than double over the last year despite ploughing in a combined total of £11bn to plug deficits, says LCP.

M&G's Richard Woolnough said the possibility of another £375bn in asset purchases by the Bank of England means gilt yields could remain at record lows for years to come.

A group of Lloyds shareholders suing directors over the 2008 HBOS takeover will use the LIBOR scandal as further proof they were misled into backing the deal.

Sponsors will be forced to support schemes for the next five to ten years because the relationship between risk-free assets and inflation is "broken", UBS says.

Her Majesty's Revenue and Customs will bring 1,300 pay-as-you-earn scheme operators into its real time information project by September.

Friends Life has launched an in-house asset management business to manage the firm's fixed income assets.