GERMANY - Bank of Ireland Asset Management (BIAM) has been awarded a global equity mandate for ChevronTexaco's Dutch employees pension fund.
Robert Hau, BIAM’s head of continental Europe said: “We are particularly pleased about the mandate from ChevronTexaco, as it is a confirmation of our competence in global equities.”
The amount of the mandate was not disclosed.
Defined benefit (DB) schemes are to be offered a new consolidator as the former chief of the Pension Protection Fund (PPF) launches 'The Pension SuperFund'.
Martin Freeman has been hired as head of technology product and development at Smart Pension, to support the 'growing' technology product side of the business.
Tim Sharp says the government has missed some big opportunities to help workers in the DB white paper.
The FCA and TPR have announced their joint strategy for tackling the key risks facing pensions in the next decade. Victoria Ticha explores the plan and the industry's initial reaction.