Jonathan Stapleton reports on why Lord Myners believes there needs to be a new review of the investment principles.
Some 17 and a half years ago, the then chairman of Gartmore, Paul Myners, produced his eponymous report on institutional investment in the UK for HM Treasury. One of his critiques at the time...
This week's top stories included the Department for Work and Pensions issuing two separate consultations on the pensions dashboard and defined benefit consolidation.
A regime similar to that for defined contribution (DC) master trusts will be set up for regulating defined benefit (DB) consolidators under plans announced today.
Defined benefit (DB) superfunds that wish to enter the market must talk to The Pensions Regulator (TPR) about their plans before opening for business.