Mercer, Aon and Willis Towers Watson still face a referral to the Competition and Markets Authority (CMA) over conflicts of interest over their investment consultancy services after the FCA rejected their undertakings...
The Investment Association’s draft cost disclosure code lacks sufficient detail and fails to require signatories to itemise all the costs they incur from their clients’ funds, the Transparency Task Force claims. But...
The Investment Association should not be responsible for creating a code to govern its members because it is inherently conflicted says Transparency Task Force founding chair Andy Agathangelou The overall purpose of...
New pension investments rose by 24 per cent to £17.4bn in 2016, excluding transfers, up from £14bn in 2015, according to figures from intermediary database provider Equifax Touchstone. Single premium flexible drawdown...
Schroders has launched a set of principles for encouraging food and drink companies to reduce the sugar content in their products. The framework, published jointly with Rathbone Greenbank, has been endorsed by...
Schroders, Robeco Group, Aviva Investors, Amundi and Standard Life Investments have been named the most responsible investment managers in Europe, a new report by pressure group ShareAction. BBVA Asset Management comes bottom...
JLT Employee Benefits is appointed State Street Global Advisors' Mark McNulty to take on the role of head of investment solutions. McNulty was formerly managing director and head of UK business at...
A significant gap in quality of auto-enrolment master trust investment exists with those aimed at smaller employers almost exclusively in passive equities, research from the DC Investment Forum has found. A report...
The FCA is considering recommending that the investment consultant sector is referred to the Competition and Markets Authority and has recommended that HM Treasury considers bringing the provision of institutional investment advice...
There are now more active savers in UK DC pension schemes than in DB pension schemes, according to recent stats from the Pensions Policy Institute. It also estimate that in just 15...
