News

DWS - formerly known as Deutsche Asset Management - has appointed Gareth Davies, Alexia Giugni and Shalin Bhagwan to its institutional teams across Europe.

A petition urging the government to not scrap its support for the pensions dashboard has garnered more than 14,000 signatures in two days.

Former pensions minister Baroness Ros Altmann has been appointed chairwoman of fintech firm Pensionsync.

Gary Evans has left Mercer after 10 years to head up Hymans Robertson's third-party administration (TPA) practice.

Pension Insurance Corporation (PIC) has invested £37m in a student accommodation project at the University of Exeter to help match its liabilities and give regular cashflows.

'Not appropriate to comment'

Proposals for mandatory tendering of fiduciary management services, as well as additional guidance for trustees, have been welcomed by industry commentators albeit with some caution.

Sterling has fallen on the back of inflation figures released this morning, which show the UK Consumer Price Index (CPI) remained steady at 2.4% in June.

The Competition and Markets Authority (CMA) published its provisional decision on its investment consultant market investigation this morning. Here is the reaction from consultants and fiduciaries…

Investment consultants have been spared a major shake-up in their operations and business models after an investigation by the competition watchdog proposed just a handful of remedies.