The £4.3bn Lancashire County Council pension fund has become the fourth local government pension scheme this year to hand Northern Trust a custody mandate.
Northern Trust adds Lancashire to its list of clients after winning custody mandates for the £3.2bn Lothian Pension Fund, £1.2bn Dyfed Pension Fund and £739m London Borough of Wandsworth this year....
Majority of respondents urge against introducing mandatory time limit on recovery plans according to PP research.
Will ban fees on new contracts
Dashboard will be implemented by 2019
Scottish Widows has secured its second bulk annuity deal with a £54m buy-in for Barloworld UK Pension Scheme after the insurer entered the market last year.