UK - The £1.2bn East Riding of Yorkshire Pension Fund is ending its contract with the Pensions Investment Research Council in a bid to reduce its costs.
The fund has used PIRC for 12 years. But councillors voted by the narrowest of margins – 29 to 28 – not to renew when the present four-year contract ends. The decision will save £32,500 per year. ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
