Sun Chemical Pension Scheme has given fiduciary manager Mercer the axe and handed the £360m mandate to Goldman Sachs Asset Management (GSAM).
The appointment is the first to be publically announced by GSAM and gives a significant boost to the firm's attempts to crack the UK fiduciary market. It also comes as a blow for Mercer's implemented...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers