UK - The £1.2bn Pilkington Superannuation Scheme has closed its in-house investment department.
A review of scheme arrangements recommended trustees either make a major investment to boost resources or take the remaining assets out of house.
With two existing external mangers, trustees moved remaining assets of around £900m to State Street Global Advisors.
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.