Manager of the £755m Invesco Perpetual UK Growth fund, Stephen Whittaker, has confirmed he is to sta...
Manager of the £755m Invesco Perpetual UK Growth fund, Stephen Whittaker, has confirmed he is to stay with the group. As reported in Investment Week last week, Whittaker has been offered the same five-year rolling incentive scheme that Neil Woodford, Paul Causer and Paul Reed have accepted. Whittaker said: 'I have always said I intended to see things through here and have had no issues at all with the situation along the way. I am happy to confirm I will see out the foreseeable future at Invesco Perpetual.'
The increase in minimum AE contributions has had little impact on opt-out rates - with cessations after April increasing by less than two percentage points, data from The Pensions Regulator (TPR) shows.
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