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....
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
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.
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.