Cumbria City Council has awarded the £130m fixed income mandate of its pension scheme to Standard Life Investments.
The segregated sterling corporate bond mandate will be managed on a buy and maintain basis. Cumbria Council technical finance senior manager Fiona Miller said: "It was important for us to choose a fixed...
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.