BUCKINGHAMSHIRE County Council Pension Fund has appointed ABN AMRO Mellon Global Securities Services to provide global custody, investment accounting and performance measurement solutions.
The mandate covers £1bn of assets and was awarded following a due diligence site visit at the Mellon Financial Centre in early February and a subsequent final presentation in Aylesbury later the same month....
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.