Market turmoil set to spark bout of consolidation; Enhanced annuities top £1bn; Two new asset classes for the armoury; Struggling Friends puts the final touches to strategy
Market turmoil set to spark bout of consolidation Financial Times (FTfm p1) The ongoing market turmoil will lead to a fresh bout of consolidation in the asset management industry as opportunistic buyers...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.