F&C Asset Management revealed net outflows of £4.9bn in the last quarter of 2012, as the investment house struggles to regain momentum under activist investor Edward Bramson.
The 144-year-old firm said the largest contribution to outflows in the quarter was withdrawal of £2.4bn of fixed income assets managed for Friends Life, as the life insurer moves management of its fixed...
An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.