News

Legislation allowing trustees to override RPI written in the trust deed and switch to CPI would not be in members' best interests, delegates heard.

It is possible to run career average 1 / 120th schemes at a similar cost to what is on offer from NEST, delegates heard.

UK schemes should seriously consider outsourcing scheme governance structures and investment policies in a similar vein to the Dutch model, delegates heard.

Social media sites such as Twitter and LinkedIn could prove a powerful tool in increasing member engagement.

US - MSCI has signed up to the UN Principles for Responsible Investment (UN PRI) in support of improved company governance.

UK - The new Aon Hewitt has named Yvan Legris, former president of global consulting at Hewitt Associates, as chief executive of UK, Europe, Middle East and Africa.

GLOBAL - Pension funds have almost doubled their average allocations to hedge funds since the financial crisis began, research by Preqin found.

The Pension Protection Fund's proposed levy calculation reforms will bring "stability and predictability" to scheme payments, chief executive Alan Rubenstein says.

Conservative Party Conference: you must retire later, public sector workers will be warned; Public unions set for pensions fight; Universities fail to disclose pension liabilities; Pensioners may lose their homes over benefit cut.

Regulator guidance on enhanced transfer value exercises could force trustees and sponsoring employers to collude on offer terms to meet compliance standards, Mercer say.