News

Lloyds TSB Registrars has sold its BringMe voluntary benefits business to Asperity Employee Benefits.

The Debt Management Office has revealed its auction of £925m of 30-year index-linked bonds was 1.72 times oversubscribed.

Institutional investment into equities saw net outflows of £308m in September according to the latest figures from the Investment Management Association.

More than half of workers believe the state pension will be a thing of the past by the time they retire, research claims.

Aberdeen Asset Managers is to launch a global responsible world equity fund in response to increasing demand from schemes for socially responsible investment.

Improving transfer value information sent out to members could save the pensions industry more than £50m a year, Hewitt Associates claims.

HSBC is to launch a joint pension fund management venture with China's Bank of Communications.

'Zombie' battle starts to get nasty; Credit crunch causes Credit Suisse to take writedown of nearly £1bn; Bond markets likely to escape strict transparency; Global shares nosedive as investors yield to fresh credit and oil jitters

Pensions schemes need to be careful not to follow investment fashions when they boost alternative asset allocations, Hymans Robertson says.

The government's decision to postpone the launch of transfer value regulations has been welcomed by the pensions industry.