Aviva and Legal and General are among the six insurers that have agreed to collectively invest £25bn in UK infrastructure over the next five years.

A group of industry bodies has launched an institutional investor forum on the back of the Kay Review which aims to boost collective engagement between listed companies and asset owners.

Heineken head of pensions Carol Young is to leave her position with the brewer to take up the lead pensions role with the Royal Bank of Scotland (RBS).

Some 22% of savers in defined contribution (DC) schemes do not believe managing investments in pension schemes is their responsibility, research from AllianceBernstein shows.

Trustee boards should have an appointed "devil's advocate" when making decision to provide opinions which do not follow previous convictions, Buck Consultants says.

Taha Lokhandwala analyses a report on the nature of real estate managers

In a presentation at last week's PMI Autumn Conference, Buck Consultants principal Marcus Hurd presented some ideas on trustee psychology.

Sterling rose against the US dollar in morning trading after the second reading of the UK's economic growth rate confirmed an increase of 0.8% in the third quarter, in line with analysts' expectations.

The Financial Reporting Council (FRC) says it is unlikely to support calls for pension schemes to pool votes, after criticism from Pensions Investment Research Consultants (PIRC).

Schemes undergoing triennial valuations in 2013 will see the projected time to fully repay deficits increase to 11 years, research from PwC shows.