Professional Pensions | 29 Jul 2010 | 12:03
Categories: Defined Benefit, Investment
Tags: Mn services, Fiduciary management, Sarah smart, Funding level
The Macmillan Cancer Support pension scheme has appointed Mn Services as its fiduciary manager, to advise the trustees on their investment strategy.
Macmillan Cancer Support Pension Scheme trustee chairman Sarah Smart says: "Our board of trustees recognises that we don't have the governance budget to manage all aspects of our investments in relation to our liabilities on a continuous and integrated basis.
Advertisement
"Fiduciary management enables us to delegate the day-to-day integrated management and monitoring of our assets to a team of professionals, while retaining control over our strategy."
Mn Services aims to achieve the trustee's funding level objective by enhancing the risk/return profile and will also implement, monitor and manage the strategy on a continuous and integrated basis.
The fiduciary manager will cover all aspects of the scheme's investments - including investment strategy advice, dynamic asset allocation and risk management, manager selection, cash management, custodian management and socially responsible investment.
Categories: Defined Benefit, Investment
Tags: Mn services, Fiduciary management, Sarah smart, Funding level
Professional Pensions jobs for all the industry’s latest vacancies. Visit now to find your perfect job.
Updating your subscription status
Advertisement
Jobs from
Professional Pensions
Advertisement
Advertisement
Recent comments