ABERDEEN Unit Trust Managers has merged three of its UK fixed income funds to create a new global corporate bond fund for institutional investors.
The new open ended investment company, the Aberdeen Corporate Bond fund, has been formed from the £77.3m Corporate Bond plus fund, the £8.8m Corporate Bond fund and £7.5m Aberdeen Gilt Income unit trust....
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.
This week's top stories included coverage of the much-anticipated defined benefit (DB) white paper and the sector's reaction.