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Member Since: Thu, 1st Mar 2012

Number of Share Chat Posts (all time): 1
Number of Share Chat Posts (last 30 days): 0

Last Posted: 22 Apr '14

22 Apr '14

World’s largest asset manager BlackRock foresees UK pensions bonanza

BlackRock, the world’s largest asset manager, is to swoop into Britain’s pensions market with an aggressive challenge to UK life assurers after concluding that the government’s recent reforms could lead to the collapse of the annuities market.

It is the first clear signal that global fund managers are preparing to take on a market from which they were in effect barred until reforms announced in the Budget last month.

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