UK - SG Asset Management has been appointed by Skandia Investment Management to run a UK equity mandate within its fund-of-funds range.
SGAM has been managing money for Skandia for the past two years and will run up to 18% of the firm’s UK Equity Income fund.
To date, Skandia has invested £100m in SGAM funds.
University College Union (UCU) and Universities UK have appointed Joanne Segars to chair the joint expert panel to examine the valuation of the Universities Superannuation Scheme (USS).
The Pensions Regulator (TPR) was right to use its powers to seek financial support from ITV for members of the Box Clever pension scheme, the Upper Tribunal has said.
All 6,000 UK schemes had a surplus of £361bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.
Research highlights confusion about where responsibility to support members on transfers lies. Kim Kaveh looks at the key findings.