Investment

The Investment Management Association (IMA) has called on members to "abandon" the use of annual management charges (AMCs) on any literature following the Financial Conduct Authority's guidance on fund fees.

Trustees of the RetailLink Management Limited pension plan have put in place a deal to buy out the £35m scheme over the next four years.

Royal London new life and pensions business was up 18% to £989m in the first quarter of the year, with group pensions benefitting significantly from auto-enrolment.

The Fremantle Group Pension Plan has completed a buy-in with Pension Insurance Corporation (PIC) to cover approximately £47m of deferred and pensioner liabilities.

The Department for Work and Pensions (DWP) has opened a consultation on proposed changes caused by the abolition of contracting out of the additional state pension by defined benefit (DB) schemes.

Imperial Tobacco has agreed a £65m-a-year recovery plan, to eliminate the deficit of the Imperial Tobacco Pension Fund by March 2028.

The combined deficit of schemes at FTSE 350 firms climbed to £111bn in April as falling bond yields and rising inflation expectations cancelled out stock market gains, says Mercer.

Naomi Rainey says there is more to engagement than curbing excessive pay

Keith Ambachtsheer talks to Helen Morrissey about the need for scale