NEPTUNE Investment Management has doubled its assets under management to just under £2bn over the past year.
The investment boutique said its success in the institutional arena – which now accounts for around a quarter of its assets – and the underlying performance across its fund range helped drive the growth....
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.