The value of assets under management (AuM) at UK-based firms fell by 4.5% year on year, according to Willis Tower Watson's survey of the world's top 500 managers.
The research, which takes into account data up to the end of 2016, shows 42 UK-based firms now manage $6.3trn (£4.8trn) compared to $6.6trn in last year's study. This marks the second consecutive year...
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