News

Workers who are auto-enrolled into schemes risk losing out on £10,000 in contributions over the next ten years, compared with colleagues who join voluntarily, argues Fidelity Worldwide Investment.

Barnett Waddingham has appointed Adrian Cooper as its head of business development for trustee clients.

The Treasury Select Committee will scrutinise the impact of quantitative easing on members of the public.

Lorica Employee Benefits has launched a de-risking tool that allows members to see what value their defined benefit entitlements are worth in the annuity market.

The Department for Work and Pensions has announced that well-known business icons including Theo Paphitis and Karren Brady are among the celebrities to help promote auto-enrolment through an advertising campaign.

Two-thirds of employers are unaware members pay any charges in their defined contribution schemes, Department for Work and Pensions research reveals.

The National Association of Pension Funds has launched separate multi-employer forums for defined benefit and defined contribution schemes.

The Federal Reserve has unleashed a third round of quantitative easing to support the US economy following a wave of poor data and a weakening labour market.

Aegon UK has launched its new workplace savings platform, Aegon Retirement Choices, and offered to pay 50% of employers' contributions for the first three months as an introductory offer.

The Actuarial Profession had announced the launch of the Actuarial Research Centre which aims to sponsor PhD students.