GLOBAL - AXA Investment Managers is transferring £3.5bn of global and European equity mandates from its UK clients to its sister firm, Axa Rosenberg.
The move follows a strategic review of Axa’s operations which found that a move of assets would boost profitability.
It will allow Axa Investment Managers to focus upon building on its core product range of managing UK equities and bonds and takes its funds under management to £12.5bn.
Trustees lack expertise, time and resources to develop effective communications on technical pensions issues and need professional help, a major review of the British Steel saga has concluded.
In this week's Pensions Buzz, we want to know if you think trustees should consult directly with members before agreeing to a DB superfund buyout.
Thousands of savers taking tax-free lump sums ahead of retirement are at risk of a pensions shortfall in later life due to neglecting their remaining pot, Zurich has warned.
Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?