BNP PARIBAS has taken over the administration of Deutsche Asset Management's UK operations following its sale to Aberdeen Asset Management.
Aberdeen bought DeAM in December 2005 and decided to outsource its fund accounting, administration performance and client reporting services to BNP. Project leader Euan Fraser said: “With some £40...
An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.