Bill Gross' flagship bond fund has been hit with a wave of redemptions which has left it recording annual outflows for the first time in its history.
The $240bn (£154bn) PIMCO Total Return fund, the world’s largest bond fund, saw $5bn in outflows last year, according to Morningstar data. It is the first time the fund has failed to post inflows since...
An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.