Legal & General Investment Management (LGIM) has signed up to the code of transparency created for the Local Government Pension Scheme (LGPS), bringing the total number of signatories to five.
As the largest manager of LGPS assets with a total of £894bn assets under management (AuM), LGIM is the biggest investment house to sign up to the code's principals on cost disclosure, which requires data...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.