Defined Benefit

Legal and General Investment Management (LGIM) has been chosen to manage £6.5bn of passive pooled investments for seven local government pension schemes (LGPS) known as the "Shires".

The RAC (2003) Pension Scheme has completed a £600m longevity swap with Scor Se, which could be a watershed in how small schemes manage longevity risk.

Rupert Brindley believes good times are just around the corner for struggling defined benefit schemes

Trustees hold more power cards than before

A large majority of the pensions industry believes the Financial Conduct Authority (FCA) is right to investigate asset managers and investment consultants.

The government has published criteria and guidance for pooling the Local Government Pension Scheme (LGPS) into six "British wealth funds" worth at least £25bn each.

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

The UK Power Networks Pension Scheme has appointed SEI to act as fiduciary manager for its defined benefit (DB) section and investment adviser on its defined contribution arrangements.

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

Talks are continuing between staff and management at the Financial Times after journalists voted overwhelmingly to strike over proposed pension changes.