THE TELENT pension scheme is to dump its remaining equities and move all assets into bonds and alternative investments.
The £2.7bn scheme currently has about £540m – or 20pc of its assets – in equities, 70pc in bonds and 10pc in property. Trustees plan to hold 80pc of the scheme’s assets in bonds and split the remainder...
This week's top stories included the 'Buck' name being revived as Conduent sold off the HR consulting business to a private equity investor.
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.