Pension Insurance Corporation has outsourced the record keeping, payroll, administration and communication services for its 50,000 pension policies to Mercer.
Mercer has outsourced the payment of benefits to pensioners in 80 countries in a deal with Western Union Business Solutions.
Leeds Building Society has launched a pilot scheme to outsource its auto-enrolment administration to Equinti ICS.
State Street has been appointed by F&C Asset Management to provide investment manager operations outsourcing for £106bn in assets.
Gary Delderfield of Eversheds looks at the difficult legal issues involved with the insolvencies of private contractors for local authorities, with regards to the pension rights of their employees
Laura Blows explores the pros and cons of outsourcing pension administration versus using an in-house team
As the year comes to a close, GP is taking a look back at the 10 most read features of 2009.
NETHERLANDS - Dutch charity Prins Bernhard Cultuurfonds has hired SEI as fiduciary manager, the firm announced today.
Trustees of the G4S Pension Scheme have outsourced their investment strategy for one section of the fund to Cardano.
GLOBAL - Pension industry experts predict the fiduciary management model will spread deeper into Europe and other parts of the world, and expand its reach beyond DB plans to the likes of insurance companies and DC plans.
Trustees considering implementing fiduciary management must be on their guard to ensure they get the best deal for their scheme needs, AllenbridgeEPIC warns.
The £14m Jotun Paints (Europe) Limited Pension Scheme has appointed SEI as fiduciary manager in a bid to improve the funding status of the pension scheme.
The £24m Habitat UK Pension and Life Assurance Plan has appointed SEI to act as its fiduciary manager.
US - General Motors Asset Management has re-branded itself as Promark Global Advisors.
UK - The Merchant Navy Officers Pension Fund has delayed its planned insurance buyout deal for the old section of its scheme, as a result of market turbulence.
THE Merchant Navy Officers Pension Fund has delayed its planned insurance buyout deal for the old section of its scheme, as a result of market turbulence.
OVER half of UK pension (61.3%) schemes would consider outsourcing the management of their assets to a fiduciary manager, a poll by SEI shows.
SEI recieved commitments for £4.8bn in new global institutional assets from 35 new clients in 2008.
US - General Motors Asset Management is set to expand beyond the US and is looking to build its business in the UK and other parts of Europe.
General Motors Asset Management is set to expand its fiduciary management service in the UK.
US- Tony Kao has stepped into the role of chief investment officer at General Motors Asset Management, spokeswoman Julie Gibson confirmed.
In its second annual roundtable on the topic, Global Pensions gathered key spokespeople in Stockholm to discuss investment in emerging markets
In recent times, fiduciary management has begun to spread beyond its origins in the Netherlands to other DB markets. Andrew Sheen examines a growing phenomenon
GLOBAL - Fiduciary management has completely transformed the Dutch pension industry over the past three years, BlackRock says.