The Pension Protection Fund has widened its selection of transition managers by recruiting nine firms to its panel.
The fund said it had appointed all the firms that applied for the position. Blackrock, BNY Mellon, CitiGroup, Credit Suisse, Goldman Sachs International, JP Morgan, Legal & General Investment Management,...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.