The Toronto-based Sun Life Financial has decided to exit the direct sales force distribution business in the UK and will close its doors to new business at the end of February.
Boehringer Ingelheim, the UK ethical pharmaceutical manufacturers, has confirmed that it is in the process of shortlisting investment managers for its £80m defined benefit pension scheme.
CalPERS, the Sacramento-based California Public Employees Retirement System, has renewed its contract with its real estate consultant, Pension Consulting Alliance/Ernst & Young/Kenneth Leventhal Real Estate Group (ACA/EYKL) for one year .
CalPERS, the Sacramento-based California Public Employees' Retirement System, has selected 14 international equity managers to actively manage between $6 and $11 billion of the pension fund's assets.
Aon Consulting has beaten Entegria to provide administrative, actuarial and consultancy services for the UK's £40m Bristol Port pension scheme.
The £1.5bn Avon Pension Fund in the UK has confirmed that it has placed three of its investment managers under review "on the basis of performance".
The Virginia Retirement System is to add $350m in additional investments to its existing private equity portfolio.
Singapore-based fund manager APS Asset Management has secured a non-Asian government mandate to manage part of a US$1bn state-run pension fund.
WHSmith has confirmed that it is looking to appoint a new additional voluntary contributions (AVC) provider to run alongside Equitable Life.
The Louisiana Teachers Retirement System (LTRS) is looking to appoint between two and four active fixed income managers.