The £7.9bn West Midlands Pension Fund has appointed JPMorgan to provide currency hedging for its non-UK assets.
The investment bank’s foreign exchange and rates division will provide hedging for around £1.3bn of assets through its passive currency overlay programme. JPMorgan has offered passive currency overlay...
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.