National Grid UK Pension Scheme has handed Legal and General Investment Management (LGIM) a mandate to manage £13bn of assets after selling its in-house manager to the firm.
The £17bn scheme announced it had entered into a "long-term strategic partnership" that will see LGIM run its fixed income, equity and liability driven investment portfolios. Under the deal, LGIM will...
The winners of the Professional Pensions Investment Awards 2020 have been announced.
Legal and General Retirement (LGR) has committed to cutting the carbon emission intensity of its annuity book by half by 2030, while the overall group targets a net-zero portfolio by 2050.
Pensions schemes with sponsors facing severe economic difficulties due to Covid-19 must prepare for the lifting of temporary protections from corporate insolvency at the end of the year, Aon says.
More than £1.75bn has been wiped from the pension funds of councils across the UK after three years of crashing oil investments, research shows.