The disruption in the sterling corporate bond market in the period following the credit crisis has created investment problems for pension funds, a study by the Investment Management Association reveals.
Active management firms' revenue worldwide declined by 30% - 50% last year, Watson Wyatt research reveals.
Ortec Finance has officially opened its London office in a bid to expand its UK business.
UK/GLOBAL - Any deal to sell Barclays Global Investors would lead to further industry consolidation, consultants say.
Any deal to sell Barclays Global Investors could lead to further industry consolidation, consultants say.
Annuity transfer times have been "significantly" improved thanks to a Association of British Insurers' initiative, the association says.
Regulations which relax the trivial commutation regime have finally been issued after their original announcement in the 2008 Budget.
The US investors leading a class action lawsuit against the Royal Bank of Scotland will ask the courts to allow UK and other European investors to participate in the suit.
The first longevity swap deal involving a UK pension scheme is imminent and the market could reach £1bn this year alone.
The Pensions Regulator has made changes to its material detriment code to ensure greater clarity following an eight-week consultation.