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 requirement to equalise guaranteed minimum pensions (GMPs) may never come to fruition under Brexit but schemes should not be complacent, according to Geraldine Brassett.
Pension experts have blasted auto-enrolment (AE) as “a glorified ISA” and "pointless scheme", warning savers will not get a decent retirement pot.
The pensions minister has said investing in growth boosting and social projects could be part of a solution for deficit-ridden schemes struggling with falling gilt yields.
The Labour party will work to ensure the fallout from Brexit does not undermine the sustainability of the UK’s economy and pensions system according to Angela Rayner.