THE Royal Borough of Kingston upon Thames has gone out to tender for a global transition manager for its £330m pension fund.
The move comes after the scheme went out to tender for a custodian and announced it was restructuring its entire portfolio. It has gone out to tender for managers to run a £130m global equity core mandate;...
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.