The legal definition of fiduciary duty must be changed to halt “dysfunctional” interpretations by trustees, FairPensions argues.
The responsible investment group argues trustees' fiduciary duty to act in members' interests has been routinely misunderstood to mean ‘the duty to maximise returns'. The report claims this leads pension...
The belief that maturing DB schemes should automatically move into bonds and gilts is being increasingly challenged. Kristian Brunt-Seymour explores alternatives to the traditional de-risking model
Britain's vote to leave the European Union has shocked pollsters and investors, but what are the legislative and regulatory changes schemes and trustees can expect? James Phillips reports
The combined deficit of UK defined benefit (DB) pension schemes has hit £900bn following Britain's historic decision to leave the EU.
The secondary annuities market will only work if the Financial Conduct Authority (FCA) puts in place adequate protections to prevent consumers being ripped off.