THE £280m PORT of London Authority Pension Fund has appointed Axa Investment Managers to run a £250m fixed income mandate.
The brief – to be managed by the fund management firm’s sterling-grade fixed income team based in London – will aim to outperform a scheme specific benchmark consisting of 90pc fixed coupon gilts and 10pc...
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