The Pensions Management Institute (PMI) has appointed State Street Global Advisors as an expert partner, offering support on target retirement funds to PMI members.
The professional body's expert partnerships are designed for organisations which are viewed as thought leaders by others in the industry - and aim to support innovation and insight on topical issues.
The arrangement will provide scheme sponsors, trustees and advisers with fast track access to the most up-to-date thinking on a range of topical investment issues, through the PMI's communication channels.
These include its monthly newsletter, PMI News, member email alerts, online PMI TV channel and dedicated expert partner web area.
PMI chief executive Gareth Tancred said: "Target retirement funds are a hot topic for the industry, so we are keen to be able to provide some thought-leading insight into this area for our members and the wider industry.
"We are very pleased that SSGA will be sharing their expertise within this sector with us and our members."
SSGA head of European defined contribution Nigel Aston added: "We are pleased to have been appointed an expert partner by the PMI. One of our main aims is to help people in workplace pension and savings schemes around the world to understand what they need to do to retire with confidence and dignity.
"For many trustees and scheme sponsors target retirement funds offer a compelling choice for a default investment strategy. They provide a powerful and flexible investment solution to accommodate changing member behaviour, market conditions and regulations. We continually conduct research and evaluation of new ideas as we are committed to making retirement work for everyone."
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