Almost all active fund managers fail to outperform the market once fees are extracted from returns, according to research from the Pensions Institute (PI).
The Cass Business School department studied monthly returns of 516 UK domestic equity (open-ended) mutual funds between 1998 and 2008. It found an annual post-fee alpha return of -1.44%, meaning a typical...
Proposed changes to The Pensions Regulator's (TPR) notifiable events framework so it can be more proactive when corporates make changes will create a very challenging workload, it has been said.
Aviva has created a new pension skill for Amazon Alexa that allows customers to find out how much they have saved towards their retirement.
PP has compiled a list of what to watch out for over the coming months.
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.