Strong equity performance spurred a median 20.5% return for pooled balanced funds during 2009, latest BNY Mellon Asset Servicing CAPS figures reveal.
The performance measurement firm said pooled balanced funds returned 3.1% over the final three months of 2009. It said the results for pooled balanced funds were also positive over the three, five and...
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.
This week's edition of Professional Pensions is out now
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.