PP looks at the local government pension funds' initial proposals for pooling
The bulk annuity market will grow significantly over the next five years in spite of higher costs due to low interest rates and Solvency II capital requirements, according to Fitch Ratings.
Clwyd Pension Fund has undergone a restructure of its hedge fund strategy which will generate cost efficiencies and protect against volatility, following a major investment review.
The multi sector credit market has doubled in the past three years to £96bn as schemes seek higher yields in the low return environment, according to Punter Southall Investment Consulting.
Official figures reveal the local government pension scheme (LGPS) had a positive year amid good investment performance but has not addressed the burden of past deficits.
Public equity markets are becoming much riskier than private equity with flash crashes and higher volatility, according to Greater Manchester Pension Fund (GMPF) investment manager Neil Cooper.
The Environment Agency Pension Fund (EAPF) has become the first scheme to commit its investments to the international target to limit global warming to two degrees.
As local government pension funds will be forced to pool investments, PP looks at the different options and how London councils chose their pooled structure.
London CIV's chief executive tells PP it is almost open for business
The trustees of the £135m AQA Pension Scheme have outsourced its investments to Towers Watson following a competitive fiduciary management tender.
A group of local government pension funds in the South West are exploring pooling all their investments into a £19bn regional Collective Investment Vehicle (CIV).
Transfers could make existing strategies unsuitable
The rise of academies coupled with smaller council budgets is changing the make-up of the LGPS’s employer base. Stephanie Baxter finds out it is posing major long-term challenges.
The trustees of the Lockheed Martin UK Pension Plan have appointed Aon Hewitt to provide delegated investment services.
The bias of UK schemes to domestic equities cost them around 2% in lost returns last year, according to research from Goldman Sachs Asset Management (GSAM).
Total deficits in FTSE 250 defined benefit (DB) pension schemes hit £12bn last year after rising more than 70% in 12 months, according to JLT Employee Benefits.
PP looks at research finding managers are charging higher fees than ever
Stephanie Baxter looks the risks schemes will face around the general election
PP looks at the latest proposals to actually tell schemes what they pay asset managers
The pensions team for Lancashire County Council has won a contract to administer Merseyside's Firefighters' Pension Schemes from 1 April.
Hugh Grover tells PP why he does not recommend adoption of the model across the LGPS
The Kent County Council Pension Fund has turned to star manager Neil Woodford to manage its £200m UK equity mandate after dropping his former employer Invesco Perpetual.
Cornwall Pension Fund has increased its allocation to hedge funds from 1% to 8% following a strategic review.
Given the significant decline in pension scheme funding levels experienced in recent times, the issue of protection against equity drawdown is becoming increasingly important. SSGA’s Howard Kearns looks at how options can help.