UBS GLOBAL Asset Management has launched a range of six pooled bond funds in a bid to allow schemes to invest in a wider range of fixed income assets.
The fund management firm said the funds would aim to gross achieve performance of 2pc per annum above their respective benchmarks. UBS GAM head of sterling fixed income Nic Barnes explained: “To achieve...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.