The £1.45bn Berkshire Pension Fund has appointed Kames Capital to manage a £70m global equity mandate.
The actively managed portfolio will target an initial dividend yield of at least 130% of the MSCI World Index and income growth in excess of the UK Consumer Price Index for the local government scheme....
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.