PERMAL has hired a director of UK operations in a bid to boost its presence in the pension scheme market place.
The fund of hedge funds firm – part of the Legg Mason Group – said Glyn Clark is now responsible for the setup, review and quality control of operational procedures relating to institutional and intermediary...
Labour Party plans to renationalise core industries and require the largest listed companies to hand 10% of shares to employees would be a "double whammy" for pensions, business leaders have warned.
A handful of industry heavyweights have begun trialling a so-called 'mid-life MOT', with positive initial results reported by all those involved.
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".