UK - Trustees should be vigilant that they are not paying over the odds for active fund managers, a law firm warns.
Hammond Suddards Edge issued its warning after Bank of Ireland Asset Management said that too many actively-managed funds are performing too close to their relevant benchmarks.
Hammond Suddards Edge solicitor Oliver Rees said trustees should check to see such funds were not actually behaving like index trackers.
Newton Investment Management's series of DC columns continues with Gerald D Rehn of BNY Mellon forecasting innovation in the market
Pension Insurance Corporation (PIC) has agreed to a 30 year debt investment in Phoenix Community Housing, a not-for-profit, resident-led housing association in London.
Royal London has announced plans to allow customers with guaranteed annuity rates (GARs) to convert their guarantees into a top-up for their pension pot, subject to High Court approval.
The Salvus Master Trust will welcome another 1,200 members and 20 employers as it absorbs the £7m Complete Master Trust.