The burden of complying with an updated European pensions directive and changes announced in the Budget could lead employers to wind up small schemes, warns a consultant.
Norfolk, Suffolk and Hackney Pension Funds have appointed HSBC Securities as custodian through the National Local Government Pension Scheme (LGPS) Frameworks.
The industry is divided on whether schemes should move towards more passive investment strategies, PP research finds.
Jonathan Stapleton asks if we are moving back to a simpler way of doing things
Marston's has announced it will close its final salary pension scheme to future accrual from 30 September 2014.
DCLG's proposals for the future of the LGPS fall flat, Naomi Rainey says
Naomi Rainey looks at the government’s latest consultation on the LGPS
Natasha Browne examines how a rise in yields would impact property portfolios
Why schemes are reluctant to move away from developed equities
The Financial Reporting Council (FRC) has formally agreed proposals from the Investment Management Association (IMA) that will see fund managers break down profits and losses in pounds and pence figures for the first time.