SCHRODERS' asset management business registered an 18pc increase in gross profit driven by strong sales in the institutional market.
Interim results revealed gross profit hit £353.3m as high levels of new business across multi-asset pension fund mandates; quantitative equities; fixed income and fund of hedge funds caused gross institutional...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers