Merseyside Pension Fund has renewed its existing European equities mandate because of its asset managers' "holistic" approach to risk management.
Around 7% of the £6bn fund was allocated to European equities at the end of March 2013, compared to 25% in UK equities. The fund, which represents over 127,000 members, carried out a full tender process...
An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.