An employer member of the National Association of Pension Funds has accused the trade body of failing to consult with members before issuing public statements.
Straight-through processing should be made the industry standard for defined contribution investment transactions, Fidelity says.
Total scheme allocation to bonds is at its highest level since the late 1960s, a UBS Global Asset Management survey reveals.
An Organisation for Economic Co-operation and Development (OECD) working paper, published this month, has found defined contribution members risk dramatic fluctuations in retirement income unless they adopt default strategies that reduce the impact of...
Buyout vehicle Resolution has bought Axa Life for 2.75bn in a deal part-funded by a rights issue of approximately £2.05bn.
Buyout vehicle Resolution has bought Axa Life for £2.75bn in a deal part-funded by a rights issue of approximately £2.05bn.
Japan - Japan's $1.35trn public pension fund could split its asset management in two, creating separate pools of safe assets and those offering higher returns, a government panel has said.
UK - The UK government's proposal to cut the annual allowance to as little as £30,000 could affect thousands of additional pension savers, consultants and advisers say.
Linking state pension to the higher of earnings or prices - with a minimum increase of 2.5% - is one of the reasons the government is accelerating moves to raise the state pension age, David Yeandle says.
Reducing the annual allowance to as little £30,000 could affect thousands of additional pension savers, consultants and advisers say.