GKN has seen its pension deficit more than double over the past 12 months, as a falling discount rate cancelled out gains from a funding partnership and enhanced transfer value exercise.
The engineering firm revealed in its end of year results today that the shortfall had grown by £188m to £259m on an IAS19 basis, driven principally by a 70 basis point fall in the discount rate which increased...
Tenders for first-time fiduciary management mandates will be mandatory, must be conducted on a closed basis, and will apply to any mandate for over 20% of a scheme's assets, the Competition and Markets Authority (CMA) has confirmed.
Daniel J. Graña of Putnam investigates how US's trade war with China will affect emerging market equities
Aviva Investors explains the growth and protection benefits investors gain from real assets
Royal London has announced that group chief executive Phil Loney has decided to stand down by the end of 2019.