BALANCED pooled funds achieved a median return of 2.7pc in May, latest CAPS figures from Mellon Analytical Solutions reveals.
The performance measurement firm said that this was up from 2.2pc in April – and meant that over the one, three and five years to May 31 balanced pooled funds returned 17.4pc, 17.0pc per annum and 9.0pc...
Railways Pension Trustee Company chief executive Phil Willcock has quit the scheme after only 10 months to take up a position as head of AIG UK Life.
The Financial Conduct Authority (FCA) has launched a consultation on how to enable defined contribution (DC) savers to invest in patient capital via unit-linked funds.
The Pension Protection Fund has published its final levy rules for 2019/20 following a consultation launched in September.
The Competition and Markets Authority's (CMA) final report on the investment consultant market has been celebrated as having "real teeth" to produce better outcomes for members.