State Street has been forced to reimburse a client for a transition management trade after an internal investigation found the client had been double charged on fees.
Sources confirmed that the client was a UK pension fund who had hired State Street to conduct a transition involving fixed income assets. The investigation led to the dismissal of Ross McLellan and...
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.