SCOTTISH Widows Investment Partnership (SWIP) has achieved an single-A rating by Standard & Poor's fund services for both its UK opportunities fund and its emerging markets fund.
The emerging markets fund was ranked 3 out of 24 funds and showing an annualised return of 30.4% against a median of 26.1%, over the three years to the end of July. Its UK Opportunities fund was ranked...
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.