Barclays Bank has defended plans to move its defined benefit (DB) pension scheme to its investment banking arm once it splits in April.
National Association of Pension Funds chairman Mark Hyde Harrison has stepped down from his position as chief executive of the Barclays UK retirement fund.
UK - Schemes looking to maximise returns in a low interest rate environment must work closely with investment banks to boost member outcomes, Barclays chief executive Bob Diamond says.
Barclays has seen its UK pension scheme deficit drop by more than half in the last six months to £1.2bn.
Corporate pension funds should get more oversight of their liquidity management functions so they can react faster to market volatility, delegates heard.
UK - The Barclays UK Retirement fund has launched its own asset management company to give its in-house investment team more flexibility around investment decisions.
The Barclays UK Retirement Fund has launched its own asset management company to give its in-house investment team more flexibility around investment decisions.
The £16bn Barclays Bank UK Retirement Fund's IAS19 deficit rocketed to more than £4bn in the first half of 2010.
The £16bn Barclays UK Pension Fund has added to its in-house investment team with the appointment of Stergios Saloustros as head of dynamic asset allocation.
The £16bn Barclays UK Pension Fund has appointed Nick Stacey as associate director in its manager selection team.