News

Sports Direct is facing mounting pressure to launch an independent review of how it is run by some of the UK's largest institutional investors.

House builder Persimmon's defined benefit (DB) scheme has fallen into a funding deficit after liabilities climbed £73.4m in twelve months.

Kames Capital has appointed David Ennett and Phil Milburn to lead its high yield bond team.

The biggest stories on PP this week include an ombudsman ruling in favour of Standard Life and a PP survey revealing the industry does not think climate change is a financially material risk.

JLT Employee Benefits has hired Tony Pike as head of sales in its investment consulting business.

The Local Authority Pension Fund Forum (LAPFF) has called for an independent review of Sports Direct's human capital management strategy.

Wendy Mayall who is the former chief investment officer (CIO) of Unilever's pension fund has been made a non-executive director at Phoenix Group.

The Pension Protection Fund (PPF) has issued a reminder to trustees and advisers to apply to the Financial Assistance Scheme (FAS).

Three out of ten people are using the pension freedoms to put extra cash in bank accounts due to concerns about the economy, according to Citizens Advice.

Industry does not take climate risk to heart in its investment decisions, PP research reveals.