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.
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