Stephanie Baxter speaks to Lothian Pension Fund - winner of Best Use of Alternatives Award at the Scheme of the Year Awards - about how it has reduced costs by investing directly in alternatives
Becoming less dependent on external fund and fund-of-fund managers can be a daunting prospect for most pension schemes. One scheme that has gone a long way to achieve this is the Lothian Pension Fund....
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.