Industry veteran Neil Woodford has become one of the first fund managers to stop charging clients for research, paving the way for further changes around fee transparency in the asset management industry.
His company, Woodford Investment Management, will now absorb research costs on the £8.3bn Woodford Equity Income fund, rather than charging them to investors. The asset manager said the move forms part...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers