News

Employees will be like “rabbits in the headlights” if they are awakened to their low levels of saving too late in their working lives, it has been warned.

This week’s top stories included The Pensions Regulator launching a prosecution against the director of a professional trustee firm, and the regulator approving five master trusts.

NEST has selected two fund managers it will use to invest in private credit, enabling its members to benefit from the private markets investments.

The Beijing-based Asian Infrastructure Investment Bank (AIIB) and Amundi have launched a $500m (£403m) Asia climate bond portfolio.

Experts have called on the industry to personalise pension communications and expand auto-enrolment (AE) to all workers ahead of the fifth Pension Awareness Day on Sunday.

Aon has announced the promotion of seven of its UK retirement, asset management and reward team to partner.

Low member engagement, poor scheme governance, and multiple pots can be equally as detrimental to defined contribution (DC) funds as opaque charges and high costs, research finds.

The Pensions Management Institute's (PMI) Master Trust Working Group is inviting pension experts to participate in four workstreams to tackle barriers to good service delivery and positive member outcomes.

Growing market volatility could adversely affect defined benefit (DB) schemes nearing buyout over the next five years, Barnett Waddingham says.

Legal & General (L&G) has entered into an agreement with US law firm Locke Lord for a £35m buyout of UK-based Edward Wildman Palmer pension scheme.