The UK Power Networks Pension Scheme has appointed SEI to act as fiduciary manager for its defined benefit (DB) section and investment adviser on its defined contribution arrangements.
The appointment followed a review of the scheme's investment governance and a competitive tender involving nine providers, carried out by IC Select. SEI will provide integrated investment advice and...
Pension Insurance Corporation (PIC) has invested £250m in debt issued by the City of London Corporation for a series of development projects in the capital.
Aggregate spending on defined benefit (DB) pensions has dropped from £19bn to £15bn in 12 months, according to Hymans Robertson.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the November 2019 estimates on the various measures…
Most asset classes have a long way to go on meeting sustainability targets and the pressure to be environmentally compliant is increasing. Hope William-Smith reports
IC Select has launched an oversight service to empower trustees to challenge the quality and success of their investment advisers.