Devon County Council Pension Fund has appointed managers to run two of the three mandates it tendered for in June last year.
The fund has appointed Lazard Asset Management and Wellington Management International, who will manage £150m each in global aggregate bonds. It has also hired Aberdeen Asset Management and Sarasin...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.