The pensions and investment industry needs to be much more explicit about the objectives of active management, according to former Investment Association (IA) head Daniel Godfrey.
During a panel discussion at a Transparency Task Force (TTF) seminar on 11 October, he argued while there is a role for active management, the industry does not do an adequate job of conveying to investors...
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This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.