Schemes have been urged to record benefit decisions after a determination by the pensions ombudsman found against trustees that had not properly documented a resolution to cease discretionary increases.

Four in five institutional investors have increased the use of data analytics in the past three years to inform investment and risk-management decisions, and to meet tougher regulatory requirements.

As more of the UK’s workers are set to be auto-enrolled into multi-employer workplace schemes this year, the industry’s focus has turned to ensuring these schemes are fit for purpose.

Data analysis: Schemes were rerisking in the last quarter of 2013 as they sought to benefit from rising equity markets to improve their funding levels.

A round-up of the pensions and investment stories published across the FT Group – from schemes helping to fill the global infrastructure gap to a deal to help pensioners in debt-ridden Detroit.

Data analysis: More than a third of schemes are considering increasing allocations to smart beta strategies in the next year, a survey has found, as investors rethink their portfolios. 

Data analysis: Defined benefit and defined contribution schemes are once again circling infrastructure investments, but a lack of underlying assets and suitable funds – especially for DC investors – is holding back inflows.

Smaller schemes are becoming more interested in derisking strategies, a survey has found, but may be holding off on implementation due to a lack of resources.

BT Pension Scheme has again boosted its inflation-linked assets, moving towards a targeted allocation of almost a third of its portfolio, while investment experts have cautioned schemes may be paying a premium for protection.