Nest hits £10bn and appoints new investment experts
Nest has reached £10bn assets under management (AUM) invested on behalf of more than 8.6 million members. The scheme has hit the £10bn mark in less than a decade, having been launched...
Nest has reached £10bn assets under management (AUM) invested on behalf of more than 8.6 million members. The scheme has hit the £10bn mark in less than a decade, having been launched...
Be careful what you wish for when it comes to engagement of investors. Solving the riddle of engaging employees with their retirement savings has, of course, been a topic for schemes for...
I have recently returned from two fact finding trips, to Australia and the US, meeting plan providers, fund managers, employers, other consultants, plan members and Nobel prize-winning economists. During each trip it...
Centre-left think tank The Fabian Society and centre-right Bright Blue have joined forces to call for a Turner-style commission to address challenges such as the future of auto-enrolment and pension decumulation. The...
Former pension minister Baroness Altmann has described the FCA’s overhaul of the Financial Services Register as a “scammer’s charter”, accusing it of diminishing consumer protection and making it harder for trustees to...
The new Pension Schemes Bill will be published today, after being introduced to the House of Lords yesterday. This bill — which was included in the recent Queen’s Speech — contains legislation...
The Chancellor, Sajid Javid has confirmed his first Budget will be held on March 11 this year. It is widely expected that this will contain proposals to reform the current pension system,...
Mercer has appointed Malcolm Reynolds as its UK head of pension administration. Reynolds moves from JLT, which was recently acquired by Mercer’s parent company Marsh & McLennan. Reynolds has been with JLT...
Nest has confirmed its new subsidiary, Nest Invest has received authorisation as an Occupational Pension Scheme. Nest’s chief investment officer Mark Fawcett says: “The Financial Conduct Authority has reviewed our application and...
Three out of four people have no idea where their pension is invested, while nine out of 10 did not know what a ‘default’ fund is, according to new research. This is...