Only 30% of pension schemes support the Chancellor’s Mansion House Reform plans to encourage pension schemes to invest in UK businesses, according to survey.

The Government has confirmed that it intends to move forward with major reforms to automatic enrolment pensions.

SIPP and pensions provider STM Group has agreed in principle to a £41m takeover bid from Guernsey-based investment vehicle PSF Capital GP II Limited, better known as Pension SuperFund Capital.

Chancellor Jeremy Hunt unveiled a wave of pension and regulatory reforms in his Mansion House speech last night, going further than many expected.