The £1.5bn Willis Pension Scheme has chosen Towers Watson to manage a large part of its hedge fund portfolio.
Towers Watson was selected to manage the £100m portfolio on a fiduciary basis after a competitive tender process. The portfolio will be invested in "a broad range of hedge fund strategies", Towers Watson...
In this week's Pensions Buzz survey, we want to know whether or not you agree with Lord Myners' opinion that asset owners, such as pension funds, are substantially to blame for short-termism in business.
The combined funding level decreased by just over four percentage points by the end of last month to 93.6%, according to the Pension Protection Fund's (PPF) latest update.
Plastics manufacturer Carclo has missed yet another dividend as it continues to battle its defined benefit (DB) pension funding shortfall.