The reputation of financial intermediaries - such as investment consultants - among institutional investors has been heavily damaged by the financial crisis, a survey by KPMG has found.
The financial services firm's survey - which involved both asset managers and investors - found investor-facing advisers were now seen as less trustworthy than politicians. KPMG head of investment advisory...
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.