Lancashire County Council has gone out to tender for a UK and global equity enhanced indexation manager for its £3.6bn pension fund.
The council said the £350m mandate could be split between several managers. Lancashire County Council principal accountant Mark Bennett said: "The portfolio is split half and half between UK and global...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers