London hedge fund CQS is delaying planned soft closure for its flagship ABS portfolio to allow prospective pension scheme investors already conducting due diligence on the fund to complete their analysis.
CQS joins a small number of managers in the $2trn industry that have capped funds to new money since the crisis following strong inflows. Rivals Lansdowne Partners and Brevan Howard have also closed their...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.