News

Draft regulations allowing employers to exclude workers above state pension age from group risk insured benefits leave trustees exposed to discrimination actions, experts warn.

PwC has launched a bulk de-risking solution for employers sponsoring defined benefit schemes.

Allowing early access to pension pots is surely detrimental to saving if it means a diminished sum at retirement.

Trustee boards are not being evaluated objectively and find it difficult to balance the speed and quality of decision making, research by Russell Investments finds.

Professional bodies are set to roll out a raft of new qualifications and training courses aimed at non-pension professionals tasked with administering auto-enrolment.

UK - F&C is considering whether to launch a fiduciary management service in the UK.

POLAND - Poland's government maintains its position that contributions to private pension funds should be reduced to help curb the deficit, according to Michal Boni, an adviser to Prime Minister Donald Tusk.

US - The New York State Common Retirement Fund (CRF) terminated AllianceBernstein and Capital Guardian Trust from domestic large-cap equity mandates worth a combined $2.5bn.

SWEDEN - Swedish buffer fund AP6 posted net returns of 9.4% in 2010, beating its target returns of 6.5%, the fund said.

UK - The Pension Protection Fund has appointed a further nine asset managers to provide credit investments for the fund.