The LGPS Access local authority pool has received approval from the Financial Conduct Authority (FCA) for its global equity sub-fund.
Around £1.6bn of the £40bn pool's assets will be invested in the fund when it is launched in October this year, with immediate savings anticipated at £1.5m per year, growing to £1.9m over time. Three...
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This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.