Lincolnshire County Council pension fund has re-appointed J.P. Morgan as its custodian and given the firm additional responsibility to undertake accounting and performance measurement services.
The re-appointment comes on the back of a formal tender run by JLT and sees J.P. Morgan take over the investment accountancy functions from Lincolnshire's in-house team. J.P. Morgan will also take over...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).