UK - The London Borough of Hackney Superannuation Fund has gone out to tender for an actuary following Watson Wyatt's decision to exit the local authority market.
The £430m scheme is also going out to tender for a £50m indirect property mandate following its decision to move from direct to indirect property investments.
The time limit for receipt of tenders or requests to participate in both is September 1.
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.