THE £1.2BN Cumbria Local Government Pension Scheme is to invest up to 10pc of its assets into a tailored portfolio of alternatives assembled and managed by BlackRock.
The scheme said the fund of alternative would include private equity, global (ex-UK) property, funds of hedge funds, single strategy hedge funds, global tactical asset allocation (GTAA), commodities, infrastructure,...
The 100 largest global pension funds are widely ignoring climate-related risks despite recent warnings by UN scientists, the Asset Owners Disclosure Project (AODP) says.
Premier Inn owner Whitbread has cut its defined benefit (DB) pension deficit to £162m ahead of its agreed £3.9bn sale of Costa Coffee to Coca-Cola.
Trends in longevity and mortality have proven difficult to forecast historically, but are vital to funding schemes and ensuring adequate retirement pots. James Phillips explores the key influences
The two-sided simplified annual pensions statement should be applauded, even if it missing information, says Jonathan Stapleton.