The Pension Protection Fund (PPF) and a private sector fund have enquired about joining the National Local Government Pension Scheme (LGPS) Frameworks, Norfolk Pension Fund head Nicola Mark says.
Speaking at the Local Authority Pension Fund Forum (LAPFF) annual conference, Mark revealed more public sector schemes and a large, unnamed private sector scheme are interested in the procurement frameworks...
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".