THE £2BN Avon Pension Fund has appointed five fund of hedge fund managers to run 10pc of its assets.
The fund - which is administered by Bath and North East Somerset Council - has appointed Gottex Funds Management to run 2.5pc of the fund, Signet Management to manage 2pc of the fund and Man Investments...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.