SCOTTISH Widows Investment Partnership has been appointed by the Isle of Man government to manage £150m of assets for its National Insurance Investment Account.
SWIP will run the mandate on an absolute return basis with a target of 2.5pc per year above the Bank of England base rate. The equities, bonds and cash portfolio will be managed by head of global strategy...
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.