Financial services giant KPMG has launched an alternative investment group which combines its hedge fund, real estate and infrastructure businesses.
The firm said it was bringing the businesses together because of the huge inflow of institutional investors into alternatives and the breaking down of barriers between the sectors. AIG will be headed...
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.