The £1.2bn Cornwall Council Pension Fund has appointed Invesco Perpetual to manage its £50m diversified grown mandate.
The mandate will rise to £140m over the next year and will be the first local authority fund to invest in the Invesco Balanced Risk Allocation fund. The IBRA, run by chief investment officer Scott Wolle...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).