UK - SVM Asset Management has been appointed as one of the UK equity managers on Standard Life's range of manager-of-manager pension funds.
US consultant Wilshire Associates, which was appointed by Standard Life to run its manager-of-manager pension funds in March 2004, said it chose SVM because of its consistent investment track record.
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.