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.”
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers