ABN AMRO Mellon and the Bank of New York have been appointed as joint custodians of the Railways Pension Trustee Company.
AAM replaces JPMorgan, while the Bank of New York has been reappointed by the £17bn industrywide railways pension scheme to administer its assets. Railpen Investments finance director Frank Johnson...
Railways Pension Trustee Company chief executive Phil Willcock has quit the scheme after only 10 months to take up a position as head of AIG UK Life.
The Financial Conduct Authority (FCA) has launched a consultation on how to enable defined contribution (DC) savers to invest in patient capital via unit-linked funds.
The Pension Protection Fund has published its final levy rules for 2019/20 following a consultation launched in September.
The Competition and Markets Authority's (CMA) final report on the investment consultant market has been celebrated as having "real teeth" to produce better outcomes for members.