GLOBAL - Barclays Global Investors has dispelled speculation that it is up for sale by insisting it will boost its funds under management in the coming months.
BGI’s half year results showed operating profits of £60m, a rise of £23m on last year’s results. However, its operating costs rose £7m to £229m, while assets under management fell £30bn to £500bn.
BGI has also shelved plans to outsource its back-office administration.
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.