Two thirds (62%) of institutional investors believe the popularity of passive investing has increased systematic risk, research by Natixis Investment Managers finds.
Its survey of 500 global institutional investors, including 67 based in the UK, also found 61% believed "flows into passive strategies have artificially supressed volatility". According to the asset...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.