More than half of asset management firms will not reduce fees for the April charge cap on defined contribution (DC) default funds, according to a poll.
Some 28% of 57 managers surveyed at a conference said they planned to reduce fees below the 0.75% cap but were unlikely to be ready by April. More than a quarter (26%) said they did not intend to make...
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
British Airways and the trustees of one of its pension schemes are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.