100 DB schemes quizzed
Contacted 500 DC schemes
Future World funds
Client segmentation under new regime
According to IA's public register
Extra burdens for largest firms
Checklist of salient points
To manage risk responsibly
Guard against risk posed by poor environmental, social and governance practices
The government has laid draft regulations before parliament to introduce a 75 basis point charge cap on defined contribution (DC) default funds alongside a raft of additional governance requirements for trustees.
The Co-operative Group has released details of its new governance structure following a review by ex-City minister Lord Myners.
Fund managers' and pension funds' dedication to pursuing short-term investment goals is causing severely reduced returns, a panel of MPs heard.
The National Association of Pension Funds has launched a quality mark for defined contribution schemes in a bid to recognise firms providing good schemes for their staff.
The OECD is urging policymakers to enforce stricter regulations and stronger governance of private pension funds, the organisation said today.
Scottish Life has launched an investment proposition for pensions which it hopes will help advisers comply with FSA requirements.
Small financial firms are spending more on governance and compliance than their larger counterparts as regulation costs hit record highs, a Deloitte study suggests.
At least 30% of defined benefit occupational pension schemes are prepared to risk ‘triggering' regulatory follow-up by setting funding targets below the levels set by the Pensions Regulator.
The Pensions Regulator has set out its priorities for the next three years in its Corporate Business Plan, which includes working with the government on the implementation of personal accounts.
The Treasury has now decided to leave the existing structure of investment trusts regulation unchanged, following its consultation with the industry, says the Association of Investment Trust Companies.
Prudential has become the first company to establish an independent with-profits committee to oversee the governance and compliance of the firm's with-profits business.