Financial Reporting Council (FRC) chairman Sir Winfried Bischoff has raised concern that pension schemes fail to properly check whether their asset managers adhere to the UK Stewardship Code.
Speaking at the National Association of Pension Funds (NAPF) responsible owners seminar yesterday, Bischoff revealed that some managers were signing up to the code to get on investors' shortlists but failed...
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MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.