AXA Investment Managers has won a £550m mandate from the HSBC Bank Pension Trust.
The mandate – managed by the London-based AXA IM’s sterling Fixed Income team - will look to outperform a non-gilt benchmark. Head of UK institutional business Alastair Cuming said: “This mandate...
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.