UK - The Weir Group has awarded Goldman Sachs Asset Management an £85m UK fixed interest mandate mandate.
The mandate stipulates a return of 1.25% net fees above the benchmark over a rolling three year period via a range of lowly instruments. The benchmark is a blend of the FTSE UK Gilts over 15 years and the Merrill Lynch Sterling Non-Gilts index.
Industry experts are calling on the government to act quickly on new pensions dashboard legislation. The DWP is looking at how to do it amid Brexit constraints, writes Kim Kaveh.
An interactive and hands-free technology that allows savers to track how much they have invested into their retirement pots has been launched by Smart Pension.
The Lighthouse Pensions Trust has recorded an 84% surge in the number of employers signed up to its auto-enrolment (AE) provision.
Melrose Industries' UK defined benefit (DB) scheme fell into deficit over 2016 as its funding level dropped by nine percentage points, its annual results have revealed.