The asset management industry “abdicated responsibility” towards schemes during the financial crisis of 2008 and needs to become more responsible towards clients, Hermes says.
In an interview with PP, Hermes head of investment Saker Nusseibeh said the financial crisis of 2008 had happened, in part, because of the failure of asset management firms to speak out about products...
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.