News

The findings of the independent review into the operation of auto-enrolment will be released next week, pensions minister Steve Webb confirms.

JLT takeover bid rumours; State pension age rise expected to affect 5m; Public sector cuts make strikes inevitable; Uniq plans to lift pension burden

The £4.6bn Merseyside Pension Fund has appointed four new asset managers to run its Asia-Pacific and emerging market portfolios following a review.

Schroders has appointed Philippe Lespinard to the newly created role of chief investment officer for fixed income.

Several people connected with Tudor Capital Management, a pension scheme administration service provider, have been arrested on suspicion of fraud, cheating the public revenue and money laundering.

SWITZERLAND - Swiss banking group SYZ has integrated its institutional asset management activities within the newly-created SYZ Asset Management division.

More than 900 delegates have requested to attend this year's Professional Pensions Show - to be held on November 17-18 at ExCel in London - and many of the programme sessions now nearing capacity.

GLOBAL - Pension funds are struggling to define sustainability with many automatically lumping thematic funds, like clean technology, into sustainable portfolios, said RCM.

UK - Uniq and the pension scheme trustees have come up with a revised funding agreement that could see 90% of the company's equity handed to the trustees.

The next step for government should be to index both the annual allowance and the lifetime limit, to ensure they increase with inflation, industry experts say.