Henderson Group increased profits by 152pc in the first half of the year, while its pension scheme generated a surplus of £38.5m.
Interim results showed net profit increased to £89.5m, while the pension scheme repaired a £5m deficit, following changes in service benefits and an increase in the discount rate. Investment arm Henderson...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.