News

QMA - the quantitative equity and dynamic asset allocation business of PGIM - has hired John Gee-Grant to the newly created role of head of international distribution and global consultant relations.

PP research provides experts' verdicts on the Budget and investment risk

Fewer than half (44%) of employers oppose increases in minimum automatic enrollment (AE) contributions above 8%, according to an Association of Consulting Actuaries (ACA) study.

The Former Registered Dock Workers Pension Fund has completed a £725m buy-in with Pension Insurance Corporation (PIC) in what is believed to be the biggest deal so far this year.

Defined benefit (DB) schemes will either have to be bought out by an insurer or enter the Pension Protection Fund (PPF), Paul Masterton MP has predicted.

The Pensions Regulator (TPR) will authorise and supervise defined contribution (DC) master trusts under a planned regime which will "strike the right balance" between member security and scheme burdens.

Closing the Universities Superannuation Scheme (USS) to future accrual would have "serious consequences" and alternative approaches should be explored, the University of Warwick's vice-chancellor has said.

Artemis IM, Hargreave Hale, Newton IM, River & Mercantile AM

Fidelity International has unveiled further details of its new variable management fee model, which will launch on 1 March next year across the clean share classes of ten active equity funds.

A typical defined benefit (DB) pension fund could cut costs by around a third per year by centralising and standardising their investment, administration and trading functions, according to the Asset Management Exchange (AMX).