News

Russell Investments has hired a senior investment consultant from Towers Watson to boost its EMEA consulting and advisory services team.

Amundi ETF is expanding into the UK with the launch of 16 exchange-traded funds on the London Stock Exchange.

Travel agent Thomas Cook has closed its final salary pension scheme to future accrual.

One third of employers will enable final salary scheme members to access more of their pension earlier in retirement after forthcoming income drawdown reform, Towers Watson says.

Radical ideas such as abandoning the term ‘pension' and introducing an industry paid for lottery for savers should be adopted to plug the £9trn retirement savings gap, Ros Altmann says.

Public sector unions have launched a legal challenge over the government's decision to adopt Consumer Prices Index inflation to uprate pensions - the second bid in as many months.

Charges levied by the National Employment Savings Trust are too high and need to be reduced to fulfil its low cost obligations, the Confederation of British Industry says.

The European Fund and Asset Management Association has unveiled new codes of conduct on responsible investing and corporate governance.

Still tirelessly calling trustees to action; Boards ‘would welcome' strategy feedback; Pension access to be eased; Lottery draw plans for pensions; Property fund targets defined contributions; UK faces £9 trillion savings shortfall

CB Richard Ellis Investors has launched a property fund targeting defined contribution investors amid the continuing closure of defined benefit schemes.