News

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.

EUROPE - The European Fund and Asset Management Association (EFAMA) has unveiled new codes of conduct on responsible investing and corporate governance.

UK - CB Richard Ellis Investors has launched a property fund specifically designed for defined contribution pension scheme investors.

Peter Hargreaves and Stephen Lansdown are now among the UK's 100 wealthiest people, according to the Sunday Times Rich List 2011.

AUSTRALIA - The top 30 superannuation funds have posted an average rolling 12-month return of 5% for the 12 months to the end of March, latest figures show.