Financial Conduct Authority acting chief executive Tracey McDermott is to leave the organisation on 1 July, the regulator announced today.
McDermott (pictured) became the acting CEO in September 2015, after Martin Wheatley was ousted by the Chancellor. Andrew Bailey, deputy governor for prudential regulation at the Bank of England and...
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.