US - The US$9.6bn Public Employee Retirement System of Idaho (PERSI) has begun its search for a new deputy director of operations after John Doner left the fund for "personal reasons".
Doner managed the agency’s operations for its 111 000 members through subordinate supervisors, was responsible for special projects and was chief assistant to the PERSI director.
A PERSI spokesperson said Doner had no plans to work elsewhere.
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.