The Financial Conduct Authority has ordered asset managers to provide clearer information on fund objectives and benchmarks, to help improve competition in this sector. The new rules are a result of its...
Mercer has made a number of senior appointments at Jardine Lloyd Thompson, the consultancy group it acquired last year. These appointments cover both UK and Europe. There will be three new appointments...
The Financial Conduct Authority has called for pension providers to offer default investment pathways for those accessing drawdown services without advice. It is inviting the industry to consult on these recommendations, which...
A number of leading fund managers are predicting a “Brexit bounce” for UK markets, with much of the bad news already priced in. Investors could see both credit and equity markets rise,...
Since 2015 the Insolvency Service has successfully applied to the courts for 24 companies to be wound up due to ‘pension misuse’. This government agency said more than £202m was invested via these...
Schroders says the chance of a general election or a second referendum, to break the Brexit deadlock and steer the UK away from a cliff-edge Brexit it predicts will create a recession...
A no-deal Brexit could lead to almost a 25 per cent fall in the value of UK equities, with European stocks falling by 10 per cent, according to MSCI. MSCI says a...
Hargreaves Lansdown has ditched its influential “Wealth 150” list of recommended funds, replacing it with a slimmed-down list of 60 funds. This new list - known as the “Wealth 50” - will...
There are clear signs that the DB consolidation market is accelerating, according to new analysis by actuarial consultants Lane, Clark & Peacock. Their latest research predicts that more FTSE100 companies will look...
Willis Towers Watson has appointed Costas Yiasoumi as a senior director in its pension de-risking transaction business. The appointment reflects the firm’s significant growth in providing services in this rapidly expanding area. ...
