Apache and FirstGroup have outsourced their pension investment decision making to Mercer's implemented consulting practice.
Mercer will manage one of FirstGroup's UK pension schemes with assets of £35m. The consultant said it aims to provide the scheme with investment diversification that would "not otherwise be achieveable"....
Johnson Controls International has appointed XPS Pensions as investment and actuarial adviser for two of its schemes, following a competitive tender process.
Merseyside Pension Fund has allocated an initial £400m of assets to a smart sustainability fund managed by State Street Global Advisors (SSGA).
This week's top stories included exclusive coverage of The Pensions Regulator's plans to require schemes to use professional trustees.
Buck has launched a solution to help pension schemes equalise guaranteed minimum pensions (GMPs) in a cost effective way with minimum hassle.