News

Current lifestyle funds could lead to defined contribution scheme members losing as much as 20% of their pension pot at retirement, PwC says.

The Pensions Administration Standards Authority is calling for candidates who can "breathe new life into the organisation" to stand for election to its board.

Senior local government officials have written to government minister Eric Pickles warning him maintaining a final salary link for past service in LGPS is unfair to local council taxpayers.

The open market option could be reformed "within the year" if government and industry get behind the process, the Pension Income Choice Association says.

Most workers will choose not to opt out of auto-enrolment when it comes into force from 2012, an Aviva report suggests.

Pensions minister Steve Webb's intervention on incentivised transfers out of defined benefit schemes is "dangerous and disingenuous", industry figures say.

Just one in two people in the UK plan to fund their retirement through a pension, research shows.

GLOBAL - Funds-of-hedge-funds managers are beginning to target smaller investors as larger institutions increasingly invest directly, research by Standard & Poor's suggests.

Professional Pensions assembled a panel of three industry experts to talk about how insurance-based risk reduction deals can be implemented in practice.

Permal Investment Management Services has bolstered its institutional business team with the appointment of a Railpen Investments fund manager.