ASSETS under management in funds of funds rose by £2bn during the final quarter of 2006, latest Investment Management Association figures reveal.
Fund of funds had £29bn of assets at the end of December, 2006, compared to £27bn at the end of the third quarter and 24pc more than under management at the end of 2005. Balanced managed funds represented...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.