UK - The £1.3bn ($2bn) Lancashire County Council Pension Fund is to increase the power of its investment panel in a bid to reach full funding.
The council said the increased powers would see the panel act as the scheme's internal investment manager - and be responsible for controlling the distribution of cash - such as contributions, divi...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date