News

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.

US - The California Public Employees' Retirement System (CalPERS) said it is cooperating with the Fair Political Practices Commission following an investigation into gifts received by staff at the fund.

US - BlackRock has lured the trio who launched Merrill Lynch's private equity business to help kick-start direct private equity offerings within BlackRock.

SWEDEN Pension fund provider Första AP-fonden (AP1) has appointed J.P. Morgan Worldwide Securities Services as sole provider of global custody services.

GLOBAL - Russell Investments and Axioma have launched a suite of long-only factor-based indexes for US small and large cap equities. The ten indexes aim to provide institutional investors with vehicles to manage exposure to five risk factors within portfolios....