The Law Commission's approach to stewardship among small pension schemes undermines the UK Stewardship Code, campaign group ShareAction claims.
In its response to the Law Commission's fiduciary duty consultation (PP Online, 22 October 2013), ShareAction said small schemes cannot be excused from the responsibilities expected of larger institutional...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.