THE £465m London Borough of Waltham Forest Pension Fund has put its entire fund up for tender.
The scheme is tendering a £155m global equities mandate; a £185m UK equities mandate, with the investment objective of outperforming the FTSE All-share index by 2pc-4pc per annum; and a £70m diversified...
This week's edition of Professional Pensions is out now.
Nearly 60% of UK employers consider defined contribution (DC) master trusts to be the "most suitable" pension fund for their employees, according to research by Buck.
Companies which have tried to dodge their pension duties by changing their identities are being "hunted" by The Pensions Regulator (TPR) in a crackdown on non-compliance with auto-enrolment (AE).
Removing liquidity restrictions would enable DC funds to capitalise on the potentially higher and safer returns that DB schemes have benefitted from, says Patrick Marshall.