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People moves: GSAM hires FRC s stakeholder engagement director | News

People moves: GSAM hires FRC s stakeholder engagement director | News
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UK Pensions Awards 2021 - Shortlists published

So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download Find whitepapers

People moves: Redington creates deputy CEO role

Westpac to recover bulk of funds in Sargon collapse

Westpac to recover bulk of funds in Sargon collapse Share Westpac will get the lion’s share of leftover money from the sale of a handful of assets which operated under the Sargon umbrella following the collapse of the formerly Phil Kingston-run financial technology business. More than a year after the collapse of Sargon following a loan repayment demand from China state-owned finance company Taiping Trustees, and nearly a year since proceedings got under way in the Federal Court of Australia, Justice Michael O’Bryan ruled Westpac is entitled to 65.5 per cent of retained proceeds from certain sales of assets and shares during Sargon’s liquidation.

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