News

There is an "overwhelming consensus" among the industry that costs in defined contribution schemes should be clear, simple and comparable, The Pensions Regulator says.

Fair Deal policy should be retained for the LGPS to ensure outsourced workers benefit from higher investment returns and cost savings, Greater Manchester Pension Fund says.

Pension funds must move beyond traditional metrics used to select asset managers and allocation strategies to incorporate implicit costs when transitioning managers, BNY Mellon Asset Management says.

Large-scale, collective private sector schemes should be set up in competition to NEST - allowing companies to offer DC without running their own scheme, the incoming chairman of the National Association of Pension Funds says.

Here it is. The Pensions Regulator's list of five simple steps trustees can take to improve scheme administration.

The Serious Fraud Office has launched a high level review of the potential dangers posed by ETFs, weeks after the FSA and Bank of England expressed their own concerns.

UK - Cardano has made four additions to its client team, hiring staff from rival consultancy firms P-Solve, Towers Watson, Mercer and Aon Hewitt, to meet increased client demand.

EUROPE - M&G Investments has closed its Real Estate Debt fund with €343m ($491m) of institutional investor commitments.

Cardano has made four additions to its client team, hiring staff from rival consultancy firms P-Solve, Towers Watson, Mercer and Aon Hewitt, to meet increased client demand.

Friends Life has announced some jobs may be at risk as it closes its Basingstoke office and consolidate its two Manchester offices by the end of 2012.