Investment

The trustees of the Lafarge UK Pension Plan have appointed Towers Watson to act as fiduciary manager of its entire £2.6bn fund.

Housing organisation Curo is to boost its affordable housing building with a £75m funding deal with M&G Investments, as fund manager activity increases in the asset class.

LCP has been appointed as investment advisor to the Wedgwood Group Pension Plan.

The Department for Work and Pensions (DWP) is set to announce changes to the cap on benefits paid out by the Pension Protection Fund (PPF), PP has learned.

The value of defined contribution (DC) lifestyle funds has fallen by 5% on average since May as bond prices dropped, research from Hargreaves Lansdown shows.

The Bank for International Settlements (BIS) has warned spiking bond yields across the world threaten trillion of dollars in losses for investors and a fresh crisis for banks unless they are braced for the shock.

The Department for Communities and Local Government (DCLG) has formally launched its call for evidence into co-operation in the Local Government Pension Scheme (LGPS).

DCLG reveals which schemes pay the most for admin and fund management

The settlement which saw the Kodak Pension Plan (KPP) take ownership of two of its former sponsor's businesses has been approved by a bankruptcy court in the US.

Department for Communities and Local Government (DCLG) has launched a third consultation into draft regulations for next year's local authority pension reforms.