Schroders has increased its institutional assets under management (AUM) by 13% helped by the purchase of US manager STW, its interim results show.
In the six months to June, the asset manager's institutional AUM rose by £16bn to £139.6bn, with £7.1 attributable to the completed purchase of STW, a US fixed income manager. The company completed...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.