Hedge fund investors must stop "undermining" one another by accepting inadequate terms, says allocator the Universities Superannuation Scheme.
The UK's second largest pension scheme also said the hedge fund industry must work hard to repair the damage some members inflicted on it during the credit crunch. The £1.9trn industry angered investors...
University College Union (UCU) and Universities UK have appointed Joanne Segars to chair the joint expert panel to examine the valuation of the Universities Superannuation Scheme (USS).
The Pensions Regulator (TPR) was right to use its powers to seek financial support from ITV for members of the Box Clever pension scheme, the Upper Tribunal has said.
All 6,000 UK schemes had a surplus of £361bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.
Research highlights confusion about where responsibility to support members on transfers lies. Kim Kaveh looks at the key findings.