OPERATIONAL risk in hedge funds is a "potential time bomb" for pension funds, the Bank of New York warns.
Managing director David Aldrich urged institutional investors to scrutinise how hedge funds were run or “wait for the regulator or disaster to alert them to the risks”. He added pension funds exercising...
University College Union (UCU) and Universities UK have appointed Joanne Segars to chair the joint expert panel to examine the valuation of the Universities Superannuation Scheme (USS).
The Pensions Regulator (TPR) was right to use its powers to seek financial support from ITV for members of the Box Clever pension scheme, the Upper Tribunal has said.
All 6,000 UK schemes had a surplus of £361bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.
Research highlights confusion about where responsibility to support members on transfers lies. Kim Kaveh looks at the key findings.