UK - Aegon Asset Management has selected Kas Bank for the custody and administration of its European bond portfolios.
Kas will provide a “wide range” of related services in addition to securities custody and settlement of securities transactions.
Aegon is seeking to improve its services by using external parties to take custody of stocks and selected Kas on the basis of the “professional services” offered.
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
British Airways and the trustees of one of its pension schemes are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.