UK - Beleaguered dairy group Milk Marque is to put a final £8.15m into its staff pension fund before closing down its business and severing any ties with the scheme.
Trustees of The Milk Pension Fund will now close the Milk Marque section of the industry-wide scheme.
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The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.