PATERNOSTER has appointed F&C Asset Management to carry out its derivative trades.
Chief executive Mark Wood said the use of derivatives will allow the bulk annuity firm to control investment risks and deliver high levels of security for scheme members. F&C head of investments Fernando...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.