Pensions

Sanlam Fund Solutions (SFS) has linked up with Source Pensions to provide advisers access to investment management advice in the corporate pensions market ahead of auto-enrolment.

Pension saving may be made compulsory if auto-enrolment fails to create a savings culture, a report by an influential think tank is said to argue next month.

The government has said it is unlikely to lift a ban on transfers into and out of NEST or remove the cap on contributions, after the Work and Pensions Committee recommended it do both "as a matter of urgency".

OVERKILL?

Quantitative easing (QE) has been an "unmitigated disaster" for anyone about to retire or people who have just bought an annuity, a pensions expert has said.

SOAPBOX

Royal London saw a 10% decline in new life and pensions business in the first quarter, citing difficult market conditions.

Hundreds of thousands of public sector workers are expected to join a 24-hour strike on Thursday against proposed pension changes.

The Pensions Regulator (TPR) has moved to relax rules governing some UK pension schemes as low gilt yields are leaving hundreds underfunded.

The UK savings crisis can be partly attributed to the lack of any government-led savings policy, a report by the Institute of Directors (IoD) argues.