Investment

The majority of employers are in favour of using auto-escalation schemes to increase contribution rates in defined contribution (DC) schemes, according to research from the Association of Consulting Actuaries (ACA).

Peter Hargreaves, the co-founder and former CEO of Hargreaves Lansdown, has been given a CBE in the New Year's Honours list, while former Bank of England (BoE) deputy governor Paul Tucker has been knighted.

HAPPY HOLIDAYS

Retirement Planner's round-up of the top pension stories this week.

In this week's quick-fire poll we ask: Will 2014 be a challenging year for pensions?

A service allowing advisory firms to 'sense check' whether they meet the requirements for independence has been launched.

Four men have been banned from working in financial services over their ‘disgraceful' behaviour in relation to occupational pensions advice which saw them net £4m in unnecessary commission.

Two fifths of pension schemes are open to investing in alternative asset classes to reduce their portfolio risk, according to Aon Hewitt, increasing their need for advice in this area.

More than two million people have been auto-enrolled into a workplace pension scheme, according to The Pensions Regulator (TPR).

HM Revenue & Customs (HMRC) has launched an online reporting service for managers of qualifying recognised overseas pension schemes (QROPS), which it said is more secure than paper-based reporting.