News

J.P. Morgan Asset Management has promoted John Stainsby to head of UK institutional as the firm looks to expand its business with UK pension funds and local government authorities.

Local authority pension funds are not "duty bound" to invest in tobacco, a report claims.

Chemring has contributed more than £27m in contingent assets to its pension fund and opened a consultation to close the scheme to existing members.

Charges cut pension income by a third; Younger workers to retire with company pensions worth just a third of those paid to their parents; Simon Read: Who says that ethical pension funds don't pay?; Councils told to stub out big tobacco pension deals;...

Shareholders will be given more powers to hold companies to account under plans outlined yesterday by the business secretary.

Goddard Perry Consulting has entered the auto-enrolment market with the launch of a regular premium master trust as a direct alternative to NEST.

Pensions minister Steve Webb has said the government is "absolutely prepared" to cap private pension fund management charges if they hinder saving.

Pensions minister Steve Webb is considering lifting the statutory restrictions on the National Employment Savings Trust in response to new entries to the auto-enrolment market.

Pension deficits increased more than 50% last year, but widening spreads between corporate bonds and gilts have masked an even greater deterioration in funding positions, argues Hymans Robertson.

Hermes BPK Partners has launched a portfolio protection solution for institutional investors with $275m (£177m) of investment.