The £3.7bn Merseyside pension fund has gone out to tender for two unconstrained bond mandates worth a total of £320m.
The fund said each mandate would be worth around £160m and benchmarked against either a sterling broad market index or a fixed 50:50 gilts and corporate bonds benchmark. The fund said it had not decided...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers