UK - Multi-manager Investment Solutions is to run West Pharmaceuticals' £6.5m final salary scheme.
The company said it believed the multi-manager concept was “very appealing” for its mature open scheme.
A spokesman added: “The cashflow-matching approach offered by Investment Solutions was crucial in our decision-making process, placing us in a strong position to meet future liabilities and optimise our investment return.”
The FCA and TPR have announced their joint strategy for tackling the key risks facing pensions in the next decade. Victoria Ticha explores the plan and the industry's initial reaction.
GKN has slammed Melrose for making 'misleading' comments relating to the engineering giant's two UK defined benefit (DB) schemes.
UK inflation fell to 2.7% in February 2018 from 3% a month earlier, the Office for National Statistics (ONS) has confirmed, a larger decline than analysts expected.
In the latest in a monthly series of DC columns from Newton Investment Management, Curt Custard warns investors of the possibility of further volatility in the months ahead