It has now been two years since Neil Woodford showed his last act of unqualified contrition, James Baxter-Derrington reports. Woodford apologised to investors as he and Link Fund Solutions agreed to suspend the soon-to-be doomed Woodford Equity Income...
The Border to Coast Pensions Partnership has raised a further £2.7bn of commitments for its private market investment pool, as it continues provide new investment opportunities for its 11 Local Government Pension Scheme (LGPS) partners.
British Airways Pensions has decommissioned its in-house investment operations, moving all assets to BlackRock as outsourced chief investment officer (OCIO).
Transport for London (TfL) will carry out a review of its pension scheme and reform options with an “explicit aim” of moving the fund into a “financially sustainable position”.
The proposal to rescind a controversial decision to transfer residential property into Croydon’s pension fund so it could pay less in contributions will be deferred until more valuation information is available.
Nearly of a quarter of pension schemes required to retender their fiduciary manager had not started the process as of last month, says XPS Pensions Group.
Turbulent markets damaged fiduciary managers’ ability to achieve client-specific objectives, says Isio, with none meeting the target.