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.
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.