THE £1.5BN Durham Pension Fund has completed a "shake-up" of its managed mandates to reduce the cost of employer contributions.
The local government scheme announced the overhaul after a review of the fund's liabilities and its approach to asset allocation. The new mandates aim to yield higher returns to reduce employer contributions....
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point