William Bourne has been appointed joint independent local pension board chair by Lancashire County Pension Fund (LCPF) and London Pensions Fund Authority (LPFA).
The local pension fund boards will act as scheme managers, assisting the LCPF, Lancashire County Council and the LPFA. The appointment follows the creation of a £10bn asset and liability management...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.