FUND managers are maintaining strong cash balances despite a 10pc rally in equity markets during the last three months, new research reveals.
Merrill Lynch’s November survey of fund managers found average cash balances had risen to 4.1pc from 3.8pc in October while the balance of investors taking overweight positions in cash had increased from...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers