PENSION schemes are the biggest investors in alternative assets worldwide, new research says.
Watson Wyatt says alternative assets under management grew to $1.26trn (£675bn) during 2005 as schemes invested a further $465bn (£249bn). Pension funds own 37pc of alternative assets under management...
An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.