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...
David Hutchins looks at the recent FCA interim market study and asks better value can be delivered to members.
PP research finds disagreement on whether transfers to SSASs are the problem and should be barred.
Aon Hewitt, Mercer and Willis Towers Watson have joined forces in calling for measures to tackle transparency and competition issues raised by the Financial Conduct Authority (FCA).
This week's top stories included coverage of the DWP's much-anticipated green paper on defined benefit (DB) regulation, and ARC Pensions Law's plans to open a Leeds office.