The Avon Pension Fund has appointed Loomis Sayles to run its first multi-asset credit mandate worth £485m after an open tender.
The asset manager, which is an affiliate of Natixis Investment Managers, beat three other short-listed managers for the mandate, which accounts for 11% of the local authority scheme's £4.4.bn assets under...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.