News

FairPensions and Action on Smoking and Health have joined forces to write an investor briefing on fiduciary duty and the tobacco industry.

UK pension schemes must break with the "Easyjet" model of administration if they want to deliver world class service levels to members, a consultant says.

Almost half of defined contribution members are unsure if they opted for the default fund when they last reviewed their pension, Baring Asset Management research reveals.

Investors need to raise their knowledge of the transition management process if they expect to have successful transitions, delegates heard.

M&G Investments fund managers have started moving their portfolios away from investment grade towards high yield for the first time since 2009 due to extra yield prospects.

Standard Life has revealed it is working with the National Employment Savings Trust to integrate the scheme into its proposition to clients ahead of auto-enrolment.

Wragge & Co has appointed Ian Gordon as pensions litigation director from Reynolds Porter Chamberlain.

US - The New York attorney general and the United States attorney general have launched separate lawsuits against Bank of New York Mellon accusing it of overcharging state and nationwide pension funds on foreign exchange currency trades.

UK - Schemes are continuing to focus on equity performance risk despite reducing allocations to this class, research finds.

GLOBAL - Pension fund assets accounted for almost $30trn of investment manager assets worldwide in 2010, research by TheCityUK shows.