ASSET MANAGERS are failing to scrutinise the discretionary use of alternative assets for pension schemes, latest research from Standard & Poor's claims.
In a survey of compliance and risk officers at 319 investment management firms, S&P found only 2pc of managers comprehensively monitor the discretionary use of alternative assets. S&P associate director...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.