The cross-industry GMP Equalisation Working Group, chaired by the Pensions Administration Standards Association (PASA), has published its GMP Conversion Guidance. The Guidance provides examples of how GMP conversion is being used by early adopters, explaining the issues they faced, how they addressed them and how simplification can be achieved without, in many cases, a significant impact on members.
By Neil Jamieson, head of UK and Ireland Sales at NTree International, a firm specialising in distribution and investor education.
Not nearly enough is being done to prepare for the impact of an increasingly ageing society, with most of the industry massively underestimating the long-term implications and not making appropriate plans to deal with the challenges ahead, according to PTL, an independent trustee and governance services provider.
World Federation of Exchanges seeks risk-based calibration of EU Bank Capital for national equity markets
The World Federation of Exchanges (The WFE), a global industry group for exchanges and CCPs, has published its response to the European Banking Authority (EBA) concerning recognition of developed equity markets.
Following the publication of the European Commission report confirming the settlement discipline regime will be reviewed, Susan Yavari, Regulatory Affairs Adviser at EFAMA, says concerns remain about the implementation schedule for the Mandatory Buy-in (MBI) Regime.
By Vic Leverett, head of Alternative Investments at Russell Investments – Since the Global Financial Crisis (GFC), private debt has received increased attention and growth for a variety of reasons. These have included the ongoing low interest rate environment, elevated equity valuations, the diversification benefits and higher yield potential offered by private debt. The case for private debt appears to be a strong for investors with long-term investment horizons and higher risk tolerances.
By A Paris — From the appeal of no income tax, to the supportive business community and the weather and lifestyle it offers, Florida has continued on its upward trajectory as an attractive location for financial and technology firms.
EFAMA has published its response to the European Commission’s targeted consultation on the supervisory convergence and the Single Rule Book, focusing on three areas for improvement.
Ahead of the close of TPR's consultation (on Wednesday 26 May) on a new single code of practice for pension schemes, Jay Solanki, Head of Governance at Premier, says TPR’s focus on governance and administration is overdue, but it’s unclear how much the new code will change practice on the ground.
Judith Hartley, CEO of British Patient Capital, comments on the lack of UK institutional fund flow to venture capital.