Asset managers say OTC fees will hit savers; Major final salary pension funds see deficits fall by a quarter; Hidden fees cut value of pensions by half; Britain's pension fees 50pc higher than US
Asset managers say OTC fees will hit savers Financial Times Europe's biggest asset managers have claimed that the drive by global regulators to force over-the-counter derivatives into clearing houses...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).