Hermes Investment Management's head of fixed income Andrew Jackson has warned the Bank of England (BoE) could cut interest rates next year, with rates having a bigger impact now than ever before.
Jackson said UK rate rises will be slower than predicted, although if the economy is relatively robust, there could be one rate rise this year. However, he added that while there is a "low probability"...
An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.