One in five independent trustees would appoint their scheme's incumbent adviser as a fiduciary manager without an open selection process, research finds.
The survey by Progress Metrics, which gathered responses from 30 professional trustees, found 44% preferred to conduct their own selection process while 38% said they would appoint an independent adviser...
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.