Active management firms' revenue worldwide declined by 30% - 50% last year, Watson Wyatt research reveals.
The consultant said increasing pressure on profitability at active asset management firms this year was likely to cause considerable changes in the industry. It urged asset owners to prepare accordingly....
The Work and Pensions Committee (WPC) is launching a probe into the long term viability of the UK’s 6,000 defined benefit (DB) schemes.
The government has published proposals to keep the British Steel Pension Scheme out of the PPF while reducing its liabilities to make Tata Steel UK more attractive to buyers. Stephanie Baxter explores the options.
More than a quarter of savers (28%) have never reviewed their retirement savings, according to figures from Aviva.
Eversheds has been appointed to provide legal advice to the trustee of the P&O Pension Scheme, with effect from May 2016.