UK - The Highland Pension Fund has appointed Hymans Robertson to provide investment advice and consultancy services.
Until now, the £818m fund had not previously split the actuarial and investment between different consultants.
The Highland Council's principle accountant, Roger Niven, who is also responsible for treasury leasing and investments, said: “We completed a competitive tendering exercise and we chose Hymans Robertson because they were the cheapest.”
Niven said it planned to conduct an asset liability study in the next three months.
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.