US - The Ohio Police & Fire fund will be sinking US$25m into real estate and changing its private equity benchmark.
The $10bn fund announced it will be making a $25m investment into Westbrook real estate fund VII on the recommendation of its real estate consultant Townsend Group.
Acting on the advice of it investment consultant, Wilshire Associates, OP &F also changed its private equity performance benchmark to the Wilshire 5000 +300 basis points.
At the end of August, the fund almost reached the $11bn mark, after falling long-term interest rates provided some relief to stocks.
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.