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...
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".