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....
HMRC has confirmed providers operating relief at source pension schemes can continue to collect automatic tax relief at a basic rate of 20% under new Scottish Income Tax rules.
The Pensions Regulator (TPR) is seeking "improved" powers to set a schedule of contributions in defined benefit (DB) schemes in the government's upcoming white paper, it has revealed.
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.