The Financial Reporting Council (FRC) has named Mike Suffield as acting executive director of audit and actuarial regulation.
Suffield will take over the role at the accounting and actuarial regulator from Melanie Hind, who will soon step down from the watchdog to pursue a family opportunity overseas. Stepping into the role...
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.