NFU scheme appoints Russell Investments as fiduciary manager
The National Farmers' Union of England and Wales (NFU) Staff Pension Scheme has appointed Russell Investments as fiduciary manager after an open tender.
Trustees at the £100m plan decided to move away from a traditional investment model to a fiduciary manager in a bid to improve the speed of investment decision-making. PTL independent trustee Kim Nash...
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TPR crackdown on scheme funding will see contingent strategy use grow
A number of regulatory and economic factors including a tougher line on scheme funding from The Pensions Regulator (TPR) means interest in the use of contingent strategies will grow, Lane Clark & Peacock (LCP) finds.
Portfolio oversight has been key through the twists and turns of 2020
Knowledge of the impacts of daily moves has helped trustees stay sure-footed through the challenges of the year to date, says David Curtis.
'True flexibility' in bespoke DB funding code proposal questioned
The true level of flexibility for defined benefit (DB) schemes that take the ‘bespoke’ option laid out in the proposed DB funding code needs further clarification, the industry has said.
Coats Group defers DRCs for remainder of 2020
Coats Group has agreed with its UK pension trustees to defer the payment of its remaining deficit recovery contributions (DRCs) for 2020.
DB transfer values jump to record high in July - XPS
Defined benefit (DB) transfer values continued to increase to yet another record high during July but the number of people opting to exit final salary schemes remains steady, according to XPS Transfer Watch.
