Asset-backed funding arrangements became more prevalent in 2012 as a wider variety of companies used a greater array of assets to fund deficits, says KPMG.
The consultant's Asset-backed funding for pensions survey found that seven of these structures were put in place in 2012 with a total value of more than £500m. It revealed the average deficit reduction...
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.