THE LONDON Borough of Bromley Pension Fund has appointed Crédit Agricole Asset Management to manage a £40m liability-driven investment/target return mandate.
The brief will be managed by CAAM’s global bond, currency and absolute return team, led by Vincent Chailley. London Borough of Bromley director of resources Paul Dale said: “CAAM’s proposal provided...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.