Institutional investors' search for managers grew globally by 22% last year and pension funds are likely to show more interest in liability driven investment, data from Mercer reveals.
The consultant said it advised on 826 manager searches across the world last year, up from 676 in 2008. The searches represented US$97.2bn in assets placed by 406 institutional investors. Mercer global...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.