NETHERLANDS - The Pension Fund Social and Economic Council of the Netherlands (SER) has brought in ING Investment Management to take fiduciary responsibility for the scheme.
Equity and real estate investments will be split between ING, which will also use external managers, and Bank Insinger de Beaufort.
ING/AZL will take responsibility for all reporting, consolidated accounts and risk assessments, with ING Investment Management taking final responsibility.
Here are key takeaways from our 2019 Asset Allocation Outlook on how we are positioning asset allocation portfolios in light of our outlook for the global economy and markets.
This week's top stories included a Freedom of Information request revealing more than 100,000 savers could face six-figure tax bills as a result of GMP equalisation.
The Pearson Pension Plan has entered into a £500m pensioner buy-in with Legal & General (L&G) in the insurer's first deal of 2019.