UK - A major survey on pension scheme attitudes towards alternative investment strategies is being launched by JPMorgan Fleming Asset Management.
The fund manager is looking for responses from schemes at the UK’s top 350 UK companies.
The survey will look at how attitudes to hedge funds and private equity have evolved since the Myners review which recommended that schemes should hold 5% in alternative asset classes.
A survey on private equity last year by JPMorgan Fleming found that 41% of pension funds were invested in the asset class, but that 40% had never invested in this asset class.
An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.