Scottish Widows Investment Partnership (SWIP) has relocated its fund management arm to Edinburgh in Morrison Street, opposite the home of Scottish Widows Group.
Commenting on the new headquarters, SWIP CEO Bill Main, said: “We are delighted to be have moved to Edinburgh One. Having our own building in Edinburgh, combined with our existing facilities in Fleet Place, London, will reinforce our role within the Scottish Widows and Lloyds TSB Groups whilst underlining our separate identity as a top UK asset manager.”
By Janet Du Chenne
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