UK - Mirabaud Investment Management has slashed the transition management costs for pension funds and institutional investors that have awarded it mandates.
Marketing and client reporting director John Owens said the firm would now use “mini-programme” trades with brokers, cutting commission costs from 20 basis points to just three
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers