Improving market effectiveness and competition could net investors an extra £37.5bn in returns over 30 years according to Financial Conduct Authority (FCA) interim chief executive Tracey McDermott.
Speaking at the Pensions and Lifetime Savings Association Investment Conference, McDermott quoted the statistic as a warning against complacency. "The asset management sector is clearly a success with...
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.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.