Thomson Reuters has unveiled a range of 800 indices covering global markets to help benchmark specific countries and sectors on which investment vehicles such as exchange traded funds can be based.
The information provider said this is the first time it has issued indices under its own brand. The range covers 44 countries and 18 regions - with an overlay of global, regional and country indices...
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.