UK - National Counties Building Society Pension and Life Assurance Scheme's investment strategy is under review by HSBC Actuaries and Consultants.
HACL was one of firms considered by the scheme.
Trustee and scheme administrator Tony Gration said: “This is the first time we have appointed a specialist investment consultant and the trustees were unanimous in their choice.”
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).