Conflicts of interest are poorly managed by many asset management firms, according to "damning" research from the Financial Services Authority.
The regulatory body warned in a report, Conflicts of interest between asset managers and their customers: Identifying and mitigating the risks, that firms were often failing customers' interests in relation...
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.