The London Borough of Brent has appointed Northern Trust to provide global custody, performance measurement and valuation services, to its £650m pension fund.
This marks the asset manager's seventh appointment under the Local Government Pension Scheme (LGPS), including collaborating with 30 London councils to establish a collective investment vehicle earlier...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.