Mercer, Aon and Blackrock must compensate a scheme member whose fund was depleted when invested incorrectly following an enhanced transfer exercise.
The Financial Services Authority has fined BlackRock Investment Management Limited £9.5m for client money breaches.
BlackRock has denied the company is undergoing a strategic overhaul in the light of several new appointments.
BlackRock has announced the appointments of Arno Kitts and Andy Tunningley to the top levels of its UK institutional client business.
Lynn Strongin Dodds looks at the LDI products available to investors yet to make the plunge.
Hannah Brenton investigates whether shareholders’ newfound voice will peter out or flourish under defined contribution.
Blackrock has acquired the European private equity and infrastructure fund of funds arm of Swiss Re and entered into a strategic agreement with the re-insurance house.
BlackRock has become the latest in a line of providers and asset managers to launch a master trust before auto-enrolment.
Multi-asset managers are increasing their cash holdings amid fears of a Greek exit from the eurozone.
Andrew Short examines the choices and decisions facing smaller schemes that wish to use pooled LDI funds.