Last week saw the news that State Street Global Advisers and JP Morgan Asset Management are to launch target date funds (TDF).
The move by the US asset managers strengthens a market that already has six participants and £4bn assets under management (PP Online, 8 August). However, while it would seem the TDF market is starting...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.