University of St Andrews' £90m defined benefit (DB) scheme has delegated its day-to-day investment management to Aon Hewitt to reduce volatility and increase diversification.
Aon, which already acts as consultant for the university's Superannuation and Life Assurance Pension Scheme, now also provides full fiduciary management services including selection, implementation and...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.