UK - Scottish Widows Investment Partnership's money market fund was the best performer over the past 12 months, according to the Institutional Money Market Funds Association.
SWIP’s sterling liquidity fund is currently worth £7.8bn and investment manager Jennifer Gillespie said: “We expect to see an increase in the size of the sterling and euro funds as more firms have these investments added to their permitted lists.”
Pension freedoms could generate as much as £1.9bn a year in tax revenue for the next 10 years, according to research by the Pensions Policy Institute (PPI).
The Pension Protection Fund (PPF) has conceded it does not have "all the data we need to calculate" the impact of last month's ruling that some benefits may be unlawful.
A looming court decision on gender equalisation of pension schemes could hit FTSE 100 profits by up to £15bn, Lane Clark and Peacock (LCP) says.
Dutch custodian KAS Bank has created a fintech solution to help schemes save on costs and improve transparency of currency hedging strategies.