News

Employers cannot afford to ignore the global trend towards corporate wraps if they want to remain relevant to their work- force, Tor Financial managing director David Harris warns.

McCarthy and Stone saw a 20% increase in the uptake of its pension scheme after implementing a wrap last November, delegates heard.

Winning over 20-somethings sceptical about contributing to a pension will be the key to ensuring auto-enrolment succeeds, Steve Webb says.

Baring Asset Management has launched a multi-asset fund designed to deliver emerging market equity-like returns with lower risk for institutional investors.

Most schemes are not using governance software to manage risk or decision making, despite being aware of its potential, research shows.

Industry figures believe the government will make transfer of short service refunds the default option when it revamps the regulatory framework later this year.

Changes to pension tax allowance rules limiting annual tax- free contributions to £50,000 have led to a spike in ‘carry forwards' by high earners, a tax expert said.

Royal London Asset Manage­ment has launched a cash fund targeted at pension scheme investors in a bid to carve out risk-adjusted returns from the low deposit rate environment.

Trustees are to be given new tools by the government to improve their oversight and clarify fiduciary duty in a shake up of trustee responsibilities.

Yields on high-yield debt are set to surge up to 100 basis points higher this summer as valuations begin to offer a "compelling" case for investment, analysts say.