News in Brief.

Pensions Week, July, 2007

- Members of defined contribution (DC) pension schemes will be able to download information to their MP3 players under a new initiative from Fidelity.

Colin Williams, executive director of DC business at Fidelity, said: "The new MP3 download facility offers a way of engaging with younger employees, many of whom are traditionally more apathetic about their retirement planning."

- UK pension scheme appetite for domestic fixed income has remained strong, as the asset class accounted for almost a quarter of fund manager searches carried out by Mercer Investment Consulting.

The firm conducted 226 searches in the UK in 2006, of which 22% was for domestic bonds. This resulted in GBP4.8bn of investment in the asset class, with total assets reaching...

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