AXA IM's Nigel Thomas is to retire in March 2019 after 40 years in asset management, with Chris St John set to assume control of the £3bn UK Select Opportunities fund.
St John, who will continue to manage the £200m AXA Framlington UK Mid-Cap fund and will remain as lead manager on the AXA WF Framlington UK Fund, an offshore multi-cap UK equities mandate with a similar...
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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