The £120m Loomis pension scheme has selected Russell Investments to act as its fiduciary manager.
Finance director Tim Gibbs said one of the reasons it adopted fiduciary management was to get clear accountability for the outcomes of the pension fund. He said: "We hired Russell after a thorough selection...
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This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.