Carmarthenshire County Council has reappointed HSBC Securities Services to provide global custody and cash management services to its £1.1bn pension scheme.
The mandate has extended the twelve year relationship between the two by a further two years. Carmarthenshire County Council director of resources Roger Jones said: "We have reappointed HSBC to undertake...
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.
The UK Statistics Authority's (UKSA) "refusal" to fix a long-standing error in the retail prices index (RPI) is "untenable" and demonstrates a need to commit to one measure of inflation.
Tim Sharp warns the DWP's plans for collective DC risk establishing an inhospitable environment for the lay trustee
This week's edition of Professional Pensions is out now.