Schroders has reached an agreement to acquire US investment grade fixed income manager STW Fixed Income Management.
The deal, expected to complete in the first quarter of 2013, will boost assets under management in Schroders' US fixed income division by 50% to $35bn. Schroders said STW has delivered "top quartile...
In this week's Pensions Buzz, we want to know if you believe there is ever a case for combining retirement savings products with other savings products, and if the PPF levy for sponsorless schemes is appropriate for DB consolidators.
The Insolvency Service has disqualified four directors of trustee firms from running companies for a total of 34 years following an investigation.
Errors in the Competition and Markets Authority's (CMA) data analysis make its provisional decision on the investment consultants market investigation "flawed", and lacks an "adequate evidential basis" to impose remedies, Mercer has said.