Investment

The local government pension scheme's (LGPS) reported investment costs have increased to £748m and charges per member have more than doubled in six years, according to a report.

The £150m Institution of Engineering and Technology ("IET") Superannuation and Assurance Scheme has completed a £32m medically underwritten buy-in.

The Federal Reserve's landmark decision to raise interest rates for the first time in almost a decade paves the way for the UK to follow suit. PP looks at what could be in store for schemes.

The Pension Protection Fund (PPF) has made it easier for schemes to recertify some mortgage exclusions and asset backed contributions (ABCs) after a consulting on its levy rules.

The trustees of the WYG scheme have agreed with the sponsor to de-risk its remaining liabilities with the aim of reaching a full buyout next year.

Widely expected by industry

Cambridge Associates has appointed Benoit Jacquemont as senior investment director as part of plans to expand its fiduciary management offering.

The majority of people that work in pension schemes expect at least four in five defined benefit (DB) funds to meet all of their obligations in full, according to research from PP.

Shareholder resolutions will be filed at three major mining firms later this month to force them to raise disclosure of the risks posed by climate change.

New thinking is needed for the new world trustees face