In the good old days, volatility indices were the preserve of anonymous trader types. But measures of volatility have become rather more infamous in recent years.
Robert Harris featured them in his novel The Fear Index and ever since then, media mavens such as myself have felt obliged to keep a watchful eye on the numbers, mostly as a way of reading the runes about...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.