UK - The Nottinghamshire County Council (CC) pension fund has announced it is looking for a new actuary.
Speaking to Global Pensions, Simon Cunnington, investments officer, Nottinghamshire CC, said the contract was up for tender as the previous mandate had come to an end.
According to the latest actuarial report, the fund had a deficit of £483m last year and has 40,000 active members.
Oxfordshire CC has also announced it has put a £100m (US$197m) ten year passive UK equities mandate out to tender.
Recently, the East Sussex CC pension fund placed a £275m passive UK equities mandate out to tender (www.globalpensions.com ; 7 April 2008).
Former home secretary Amber Rudd is to return to the cabinet as work and pensions secretary after the resignation of Esther McVey.
This week's top stories included proposed draft regulations in a no-deal Brexit which would make scheme investments illegal, and Esther McVey's resignation as secretary of state.
There have been a total of 15 ministers responsible for pensions since 1997. Here is the list in full.