The pool set up by nine central midlands local authority pension funds has been given the green light by the Financial Conduct Authority (FCA) to operate as an alternative investment fund manager.
One of eight structures being established across the £217bn Local Government Pension Scheme (LGPS) to deliver cost savings and efficiencies, LGPS Central is the third known pool to have received regulatory...
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.