News

F&C has unveiled two annuity-matching funds for defined contribution schemes, run by its liability driven investment team.

Brussels is proposing new rules to prevent the manipulation of LIBOR as part of a crackdown in the wake of the rate-fixing scandal.

The Aon Minet Pension Scheme has secured a £100m buy-in with Pension Corporation to cover approximately a quarter of its pensioners' liabilities.

Retired consulting actuary Ronnie Sloan has completed the 15.5 mile Seven Hills of Edinburgh Challenge to raise funds for Scottish Sports Aid Trust, a charity that gives financial help to aspiring young Scottish athletes.

Wessex Water Pension Scheme has appointed Russell Investments to act as fiduciary manager.

Allianz Global Investors has recruited an infrastructure loan investment team to satisfy institutional demand for long-term income.

Companies bidding to buy firms in future will have to reveal what their plans are for the pension scheme, under proposals from the Takeover Panel.

Trustees are not engaged with default funds or charges, despite both issues being in the spotlight ahead of auto-enrolment's introduction later this year, the Pensions Regulator says.

The Department for Work and Pensions has clarified the way in which consultants are allowed to charge for setting up group personal pensions for auto-enrolment.

The Bank of England will pump a further £50bn into the lagging economy through quantitative easing, amid industry warnings that companies will be forced to plug rocketing deficits.