A massive 46 per cent difference in return separates the best- and worst-performing growth phase pension default funds over the last five years, and the average default returned 6.09 per cent in...
There has been a mixed response to the unveiling of Standard Life Aberdeen's new corporate brand: Abrdn. Announcing the new name, chief executive Stephen Bird described it as a “modern, agile and...
Redington has pledged to give ‘net zero’ investment advice which should result in a 50 per cent reduction in carbon emissions on client portfolios by 2030. The consultancy firm, which advises on...
Fidelity International is the latest asset manager to commit to a 2050 net zero target for its workplace pension products. Fidelity has committed to halve carbon emission within FutureWise, its default investment...
There is growing support among employers and pension professionals for new collective defined contribution (CDC) schemes. Research by Aon found that almost four out 10 (38 per cent) of employers would consider a...
SEI has appointed Nigel Aston as its new sales director for defined contribution. In this role Aston will be responsible for driving the company’s DC business throughout the EMEA region, which will include...
New rules bringing in criminal sanctions for misconduct in the management of occupational schemes could lead to schemes deferring contributions and would discourage people from becoming trustees. That is the warning from...
Dave Middleton has replaced Stuart Scullion as executive chair of the Association of Medical Insurers and Intermediaries (AMII). Middleton's appointment was announced at AMII's second virtual annual general meeting yesterday. Middleton was CEO...
The world economy could be 10 per cent smaller if the 2050 net-zero emissions and Paris Agreement targets on climate change are not met, according to research from Swiss Re. The insurer...
Fiduciary managers struggled to show they were rewarded for taking risk in 2020, according to a report by Barnett Waddingham. The review of fiduciary manager investment performance for UK pension funds carried...
