The EU is facing criticism from asset managers over its plans to raise its part of the €750bn (US$922bn) rescue package for embattled eurozone nations.
Managers claim the EU's proposal to issue bonds through the use of a special purpose vehicle known as the European Financial Stability Facility (EFSF) is ill-considered and too risky. As part of the...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.