Goldman Sachs Asset Management said its global chief investment officer will retire by year-end, while the firm announced the promotion of Jim O'Neill to the new role of chairman.
Global CIO Eileen Rominger joined GSAM in 1999 but was named CIO of the overall business early last year, Nick Echolm, GSAM spokesman said. Officials at GSAM will not name another global CIO, but her...
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.