Conventional gilt holdings for local government pension schemes increased by £441m last year as rising prices and increased allocations boosted the value held by the LGPS, figures show.
Statistics from State Street Global Services obtained by Professional Pensions show the value of gilts held by funds in its WM Local Authority Universe increased from around £3.47bn at the end of 2010...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point