News

UK - Currency overlay managers failed to add value for the second consecutive quarter, according to BNY Mellon Asset Servicing.

The government must give consumers more choice on how they take their retirement income, the Investment Management Association urges.

Islington Council Pension Fund has gone to tender for two mandates worth up to £400m in total.

The government has raised the adult national minimum wage from £5.52 to £5.73.

Capita teachers' mandate

The Pension Protection Fund is to consult on whether to take hedging strategies into account in risk-based levy calculations.

Midas Capital has completed its merger with iimia MitonOptimal and has listed on the London Stock Exchange.

Workplace solutions provider Fellowes and charity BackCare have teamed up to launch a month-long campaign to reduce the risks of back pain and musculoskeletal disorders.

Quelle surprise - personal accounts, the government's national pension savings scheme, will not be the panacea to old age impoverishment!

UK - A concession announced in yesterday's Budget which will allow small pension pots to be converted into cash has been widely welcomed.