PRIME Rate Capital Management has received authorisation from the Financial Services Authority to become the first UK-based specialist provider of qualifying Money Market Funds.
In November the firm revealed it was planning to be the first QMMF provider to offer funds domiciled in the UK – following FSA changes to the regulations in October – with the aim of targeting pension...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.