The majority of schemes are now using cashflow-driven investment (CDI) strategies as closures drive up the number of pensioners, AXA Investment Managers (AXA IM) research finds.
Just over half (52%) of schemes are already using such a strategy, while another 21% are planning to do so in the next 12 months as they become cashflow negative. AXA IM interviewed 48 pension funds...
Jonathan Stapleton talks to Alan Pickering about why BESTrustees has converted into an employee ownership trust.
Trustees don't usually think about financial sanctions. But Edward Brown says they should be aware of the issue and take steps to minimise risks.
The industry-wide GMP equalisation group has created five sub-committees to each work on a key component of the guidance. Holly Roach reports
BESTrustees has converted into an employee ownership trust (EOT) in a bid to broaden the ownership of the business.