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...
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.