The National Association of Pension Funds has launched a public consultation on the scope of its "pounds and pence" charging code of conduct, proposing adherents produce a two-page disclosure document for members.
The association announced last autumn that it would create a voluntary code of conduct for defined contribution providers to follow when disclosing their charges to consumers (PP Online 20 October 2011)....
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.