John Walbaum asks if we have forgotten the realities of equity markets and questions whether recent market falls are part of a longer-term collapse.
The equity markets endured some sharp falls last week. Last Monday, the US stock market closed down 4.6%, while falls of a similar magnitude in Japan and Hong Kong were seen overnight into Tuesday. The...
This week's top stories included the Department for Work and Pensions issuing two separate consultations on the pensions dashboard and defined benefit consolidation.
A regime similar to that for defined contribution (DC) master trusts will be set up for regulating defined benefit (DB) consolidators under plans announced today.
Defined benefit (DB) superfunds that wish to enter the market must talk to The Pensions Regulator (TPR) about their plans before opening for business.