The tendency of pension fund managers to "herd like lemmings" is threatening the stability of financial markets, according to the Pensions Institute (PI) at Cass Business School
Pension funds of a similar size and sector "herd" in and out of asset classes at the same time, causing assets to depart from their fundamental values, the study said. In The market for lemmings: Is...
DWS - formerly known as Deutsche Asset Management - has appointed Gareth Davies, Alexia Giugni and Shalin Bhagwan to its institutional teams across Europe.
A petition urging the government to not scrap its support for the pensions dashboard has garnered more than 14,000 signatures in two days.
Former pensions minister Baroness Ros Altmann has been appointed chairwoman of fintech firm Pensionsync.
Gary Evans has left Mercer after 10 years to head up Hymans Robertson's third-party administration (TPA) practice.