Man Group has completed its $1.6bn purchase of GLG Partners, creating a diversified fund group running $63bn of assets.
Following completion of the takeover, which was first announced in May GLG is now a wholly owned subsidiary of Man. Peter Clarke, Man's chief executive, says: "The acquisition is a significant milestone...
The British Medical Association (BMA) has warned chancellor Philip Hammond to reform the NHS pension scheme rules or doctors will reduce their working hours.
The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.
Action for Children Pension Fund has outsourced its pensions administration to Trafalgar House.