THE £330m Royal Borough of Kingston upon Thames Pension Fund is restructuring its entire portfolio following an investment review.
The scheme has gone out to tender for a manager to run a £130m global equity core mandate, which would aim to outperform the MSCI All Country World Index by between 1.5 and 2 percentage points per annum....
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.