HSBC head of group investment business Alain Dromer has left the firm.
The bank says Dromer has left to pursue other interests. HSBC Private Bank chief executive Mark McCombe has been appointed as his successor. A spokesman said Dromer led the business through a period...
The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.
Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.
PP has compiled a list of what to watch out for over the coming months.