Lancashire County Pension Fund has made a £25m investment into a healthcare property fund as part of its long-term plans to raise exposure to real assets.

Nottinghamshire County Council Pension Fund has appointed investment advisory firm City Noble following a competitive tender.

The government has proposed simplifying guaranteed annuity rate (GAR) valuations and introducing a statutory requirement for trustees to give risk warnings to members wanting to take advantage of the April freedoms.

Plans to measure LGPS funding levels consistently from 2016 will give a more realistic picture of the scheme's health status with many funds expected to come out worse, writes Stephanie Baxter

The saga continues

BMO Global Asset Management has made two appointments to its liability-driven investment (LDI) team as the firm expects strong growth in the business.

Trustees of the Brunel pension fund have agreed a recovery plan with the scheme's sponsor, which is being investigated by The Pensions Regulator (TPR) over concerns about a corporate restructuring.

The Financial Conduct Authority (FCA) is investigating asset managers and investment consultants over concerns about value for money and conflicts of interest.

Eurozone and Japanese equities will outperform the US market next year as their central banks start to move in very different directions, according to NN Investment Partners.

Interest rate and inflation hedging activity dropped by 24% and 27% respectively in the third quarter, according to BMO Global Asset Management's liability-driven investment (LDI) survey.