UK - State Street Global Advisors (SSgA) has won a £70m passive UK bond mandate from Volkswagen Group Pension Scheme.
The multi-asset strategy mandate seeks to add value to a fixed-weight benchmark composed of the FTSE All-Share Index and a selection of FTA UK fixed income indices. Kanesh Lakhani (pictured), head of...
UK - Government plans to cut a subsidy boosting the appeal of solar panel infrastructure investments could scupper scheme plans to use these investments as part of their liability matching strategies, fund managers say.
UK - Aegon is to close its defined benefit pension scheme to future accrual in March 2013 as part of its restructure and cost saving programme.
UK - The Pension Protection Fund has published its annual report - revealing a surplus of £678m ($1.1bn) at 31 March.
UK - Schemes looking to maximise returns in a low interest rate environment must work closely with investment banks to boost member outcomes, Barclays chief executive Bob Diamond says.
UK -More than 40% of firms have closed or are in the process of closing their defined benefit pension schemes, latest research from Aon Hewitt shows.