The standard of governance within the hedge fund industry is exposing schemes to high risks and needs significant improvements, the £30bn Universities Superannuation Scheme says.
USS absolute return strategies portfolio manager Luke Dixon said governance had become a "make or break" area in the investment decision-making process - and urged scheme investors to offer suggestions...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.