UK - Northern Trust has been re-appointed as custodian of the £10bn (US$19.7bn) Strathclyde pension fund, a position it has held for the past decade.
The Strathclyde fund is the largest local government scheme in the UK and Northern trust continues to provide custody services, securities lending, cash management and foreign exchange services to the...
More than four in five members of the public are completely unaware of auto-enrolment, says Aon Hewitt.
PSA Peugeot Citroen has introduced an online pensioner payslip service to reduce the costs and environmental impact of its scheme communications.
Confusing and contradictory communications could deter millions of part-time workers from saving into a pension under auto-enrolment, warns a consultant.
The Department for Work and Pensions is set to spend £10m on communications to ensure auto-enrolment is a success, pensions minister Steve Webb says.
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.