UK - Falkirk council pension fund has tendered for a passive manager for a mandate worth between £150m-£325m.
The £959m fund has £388m invested in UK equities, £290m international equities and just over £100m each in property and fixed interest.
It also has small holdings in private equity (£14m) and £29m in cash.
In addition, the £1.2bn North Yorkshire pension fund has announced it is seeking a manager to run a £60m indirect property portfolio for six years, with the potential to increase the mandate for another three.
In May, Global Pensions reported the fund was seeking a £250m global equities mandate (globalpensions.com; 20 May).
The London Borough of Hammersmith and Fulham has also announced it has appointed Barnett Waddingham as actuaries to its fund.
In early July, the fund said it was tendering for two mangers to run dynamic asset allocation mandates worth £120m (globalpensions.com; 1 July).
Industry experts are calling on the government to act quickly on new pensions dashboard legislation. The DWP is looking at how to do it amid Brexit constraints, writes Kim Kaveh.
An interactive and hands-free technology that allows savers to track how much they have invested into their retirement pots has been launched by Smart Pension.
The Lighthouse Pensions Trust has recorded an 84% surge in the number of employers signed up to its auto-enrolment (AE) provision.
Melrose Industries's UK defined benefit (DB) schemes had a £5.5m combined deficit at the end of 2016, its annual results have revealed.