The asset management industry "abdicated responsibility" towards schemes during the financial crisis of 2008 and needs to become more responsible towards clients, Hermes says.
In an interview with PP, Hermes head of investment Saker Nusseibeh said the financial crisis of 2008 had happened, in part, because of the failure of asset management firms to speak out about products...
As the CMA gathers evidence for its investigation into investment consultants and fiduciary managers, Stephanie Baxter asks if there is a systemic problem in the industry
Universities UK (UUK) has proposed ending future accrual of defined benefit (DB) promises and transferring members to the existing defined contribution (DC) plan.
The bridging pension anomaly faced by the Pension Protection Fund (PPF) will be removed under plans unveiled by the Department for Work and Pensions (DWP).
Zuhair Mohammed has been appointed as a partner at Lane Clark & Peacock (LCP) to expand its investment team.