UK - Schroder Investment Management's underlying asset management profits fell 30%.
in the first six months to £32.6m.
But pre-tax profits rose 32% to £27.2m after the inclusion of other items such as the sale of some of its businesses.
Net new business stood at £0.2bn for the first half of this year – compared to a net outflow of £2.3bn in the same period last year.
University College Union (UCU) and Universities UK have appointed Joanne Segars to chair the joint expert panel to examine the valuation of the Universities Superannuation Scheme (USS).
The Pensions Regulator (TPR) was right to use its powers to seek financial support from ITV for members of the Box Clever pension scheme, the Upper Tribunal has said.
All 6,000 UK schemes had a surplus of £361bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.
Research highlights confusion about where responsibility to support members on transfers lies. Kim Kaveh looks at the key findings.