TheCityUK founder Chris Cummings has been named the new chief executive of the Investment Association (IA) following the departure of Daniel Godfrey last October.
Cummings (pictured above) is expected to join the asset management trade body by the end of the third quarter after being voted in unanimously by all members of the board. Guy Sears, who led the IA...
The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.
Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.
PP has compiled a list of what to watch out for over the coming months.