Skandia Investment Management has launched an institutional share class for its global property securities fund in response to demand from schemes.
It says the new share class will provide pension funds and other institutional investors with a more cost-effective way of accessing the fund, currently worth £431m, as it has a lower annual management...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).