The £2.4bn Lothian Pension Fund is set to implement a revised investment strategy after losing 17% over the fiscal year to March 31.
According to its annual report and accounts for 2008-2009, the scheme also undertook an actuarial valuation which showed a funding level of 85%, with a deficit of £524m. The new strategy will see 35%...
The Pensions Regulator (TPR) and Financial Conduct Authority (FCA) have launched a refreshed ScamSmart campaign to warn savers about unsolicited pension communications.
Ann Harris OBE and Mike Dailly have been appointed non-executive directors at the upcoming single financial guidance body (SFGB).
Pension schemes are "placing too much focus" on a narrow section of the private debt market where competition is driving down "compelling opportunities", according to Willis Towers Watson.
Barnett Waddingham's head of business development Adrian Cooper has left the consultancy to join TPT Retirement Solutions in a newly-created role.