LEICESTER County Council says it plans to appoint a targeted or absolute return manager to oversee a £100m brief for its £1.9bn pension fund.
The move has been agreed by the fund’s management board and follows a recent review of the its portfolio structure. The current expectation is that a single manager will be appointed to manage a portfolio...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.