UK - B&CE Benefit Schemes has appointed Invesco Perpetual to manage a £70m UK equity mandate.
The £1bn scheme said the mandate would be managed by Invesco investments head Neil Woodford.
The scheme was advised on the appointment by Hewitt Associates.
Invesco was also awarded an unconstrained, long only, global equity mandates by the £8.9bn Strathclyde Pension Fund in December.
Speaking about that warard, Strathclyde chief pensions officer David Crum said:
The rationale behind this was to free investment managers from a benchmark driven mindset, to allow asset managers to populate a portfolio with their best investment ideas, and to hold stocks which they wanted to own as opposed to having to own to manage risk relative to a benchmark index.
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.