UK/US - Affiliated Managers Group and the management team of Artemis Investment Management have bought Artemis from Fortis Bank for an undisclosed sum.
So, Lawrence Churchill is to leave the Pension Protection Fund to become the first chairman of NEST Corporation, the rather shadowy sounding body that will run the National Employment Savings Trust.
UK - The longevity swap market could reach £20bn (US$28bn) this year as schemes look towards cheaper DIY options to reduce risk.
The longevity swap market could reach £20bn this year as schemes look towards cheaper DIY options to reduce risk.
Trustees must remain vigilant against sponsor insolvencies as the number of firms going bankrupt often spikes as economies recover, PricewaterhouseCoopers says.
High fees are dampening the demand for opportunistic real estate investment, Towers Watson warns.
GLOBAL - High fees are dampening the demand for opportunistic real estate investment, Towers Watson warned.
It has been a while since I have been able to contribute a Beveridge report to PP and I have a number of decent excuses. The best one is that I have become liable for a wonderful, but completely unfunded, liability called Henry Beveridge who was born...
BMW has outsourced the administration of its UK defined benefit scheme to Aon Consulting.
Jonathan Stapleton speaks to Barnardo's pensions manager Graham Brown ahead of his retirement at the end of January