THE £520m London Borough of Enfield Pension Fund is currently looking for currency fund providers to run one or more mandates worth £26m.
The scheme wants to invest in active currency pooled funds to provide a return of around 20pc per annum above the London Interbank Offered Rate (Libor). Hewitt Associates is advising the scheme on the...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).