UK - The £350m Express Dairies pension scheme will complete an actuarial review on April 1, 2002 which will lead to a review of investment arrangements and, most likely, an increase in allocation to bonds for the mature scheme.
William M Mercer acts as actuary to the fund. Pensions manager Steven Nicholls said the scheme would probably change its benchmark to lock in profits and match assets to liabilities. In May the sc...
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