ABN AMRO Mellon Global Securities Services has been appointed as custodian to Cambridgeshire County Council's £1.2bn scheme.
ABN AMRO Mellon, which replaces State Street, will provide global custody, investment accounting (SORP) and securities lending solutions for the council. The appointment follows a formal review by consultant...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.