News

More than half of UK savers agree they are unable to save sufficiently to achieve the retirement they want, according to research by BlackRock.

The Bank of England (BoE) has voted unanimously to increase its purchase of UK government bonds by £150bn and to maintain rates at 0.1%, shunning rumours of a move towards negative interest rates.

New legislation is needed to push pension trustees and asset managers to consider ESG factors within their legal duty to beneficiaries, as well as ensuring trustees are up to standard, ShareAction says.

Just over one-third (36%) of schemes retendering for full fiduciary management services are switching providers, latest analysis by Isio reveals.

The inconclusive outcome of today's US presidential election is the "worst outcome for markets", according to investment professionals, who warn the "dragged out affair" will delay a "swift stimulus package" which would ultimately buoy share prices.

The Marks and Spencer (M&S) Pension Scheme has completed two buy-ins with Aviva and Phoenix, insuring a total of £750m of benefits.

European equity markets opened lower this morning in response to the shock uncertainty over the outcome of the US Presidential Election, with the as-yet unclear result set to create near-term volatility and myriad of different implications for the continent’s...

Simpler retirement ‘wake-up packs’ are not encouraging pension savers to take up free guidance, according to the Financial Conduct Authority (FCA).

Six members of Ross Trustees’ pension trustee and support teams have been promoted into new roles.

Pension Insurance Corporation (PIC) has invested £40m in debt issued by the Royal College of Surgeons in England to finance the redevelopment of its London headquarters.