The global credit crunch has given asset manager Payden & Rygel Global an £800m boost after it impressed clients with its stringent due diligence processes.
P&R reported a massive influx of money from clients after the company calmed investors’ concerns over its abilities to handle the US sub-prime crisis. Managing principal Robin Creswell said the credit...
Aon, Mercer and Willis Towers Watson have renewed criticism of the Competition and Markets Authority (CMA) over its analysis of the benefits of tendering for fiduciary management contracts.
Many single-employer trust-based DC schemes will move to a master trust in coming years. Stephen Richards looks at the pitfalls they need to avoid
Robin Ellison says it is not unreasonable for schemes and their trustees and sponsors also to expect an improvement in the tone of regulation
The Pensions Regulator (TPR) has ordered a firm to pay back more than £700,000 of pension contributions after it miscalculated the amounts due for more than a year.