The £46bn Northern Pool set up by three local government pension funds has selected Northern Trust to provide a broad range of custodial and administration services.
These services include securities lending, private equity fund administration, compliance monitoring and carbon reporting. The mandate was awarded following a competitive tender process supported by...
This week's edition of Professional Pensions is out now.
Nearly 60% of UK employers consider defined contribution (DC) master trusts to be the "most suitable" pension fund for their employees, according to research by Buck.
Companies which have tried to dodge their pension duties by changing their identities are being "hunted" by The Pensions Regulator (TPR) in a crackdown on non-compliance with auto-enrolment (AE).
Removing liquidity restrictions would enable DC funds to capitalise on the potentially higher and safer returns that DB schemes have benefitted from, says Patrick Marshall.