BALANCED pooled funds failed to achieve positive returns during the first three months of the year, latest BNY Mellon Asset Servicing figures reveal.
The performance measurement firm’s data revealed the median return for balanced and pooled funds over the first quarter of the year was -7.9pc – the first negative return since the second quarter of 2006....
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.
This week's edition of Professional Pensions is out now
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.