The Financial Conduct Authority (FCA) has launched a second consultation on the back of its Asset Management Market Study into the transparency of fund objectives and the use of benchmarks.
Following the consultation the regulator plans to publish guidance on how fund managers should make their funds' objectives "more useful" to investors, such as by avoiding jargon, and will stipulate when...
Newton Investment Management's series of DC columns continues with Gerald D Rehn of BNY Mellon forecasting innovation in the market
Pension Insurance Corporation (PIC) has agreed to a 30 year debt investment in Phoenix Community Housing, a not-for-profit, resident-led housing association in London.
Royal London has announced plans to allow customers with guaranteed annuity rates (GARs) to convert their guarantees into a top-up for their pension pot, subject to High Court approval.
The Salvus Master Trust will welcome another 1,200 members and 20 employers as it absorbs the £7m Complete Master Trust.