UK pension schemes plan to further cut their exposure to domestic equities at a time when allocations are already at historic lows, an Aon Hewitt survey found.
In the 1990s, schemes were dominant players in the UK stock market and used equities as the main engine to generate returns. But since the turn of the century, UK schemes have slashed average equity...
Johnson Controls International has appointed XPS Pensions as investment and actuarial adviser for two of its schemes, following a competitive tender process.
Merseyside Pension Fund has allocated an initial £400m of assets to a smart sustainability fund managed by State Street Global Advisors (SSGA).
This week's top stories included exclusive coverage of The Pensions Regulator's plans to require schemes to use professional trustees.
Buck has launched a solution to help pension schemes equalise guaranteed minimum pensions (GMPs) in a cost effective way with minimum hassle.