SEI recieved commitments for £4.8bn in new global institutional assets from 35 new clients in 2008.
It said the new assets are the most ever added in one year by the company's institutional business. SEI said the growth was driven by its fiduciary management offering - which allows schemes to delegate...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.