Falls in the US dollar and Japanese yen have wiped £5.7bn off scheme assets this year, Professional Pensions can reveal.
Figures provided by BNY Mellon Asset Servicing show that UK schemes hold around 10pc of their total assets in US equities and 4pc of their portfolios in Japanese shares. These scheme holdings are worth...
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The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.