A group of pension fund managers have warned incoming bank capital rules could shut schemes out of derivatives or force them to sell long-term assets to generate cash.
In a joint letter to European commissioner for Financial Stability, Financial Services and Capital Markets Union, Lord Jonathan Hill (pictured), they warned the new leverage ratio and net stable funding...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.