UK - David Crum, the chief pensions officer for investments at Strathclyde Pension Fund, has left the organisation to join Hewitt Associates. He will join the investment team at Hewitt on 1 October.
He occupied his previous role at the £9.6bn Strathclyde Pension Fund since July 2004. Prior to that he worked for the Lothian Pension Fund, which is administered by the City of Edinburgh Council, in addition to roles as an investment administrator and investment officer.
In a separate development, in July, Global Pensions reported that Glasgow City Council is seeking a master custodian for the Strathclyde Pension fund.
The city council has also tendered a £15m mandate for an absolute return manager on behalf of the Strathclyde Pension Fund Number 3.
Regarding the custodian process, Crum said it would end in December with a committee interview of the shortlist, which is still to be decided.
He added that it was also expected to complete the appointment for the absolute return mandate later in the year.
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.