The Serco Pension and Life Assurance Scheme has appointed BlackRock to run its £1.5bn liability-driven investing (LDI) portfolio after a competitive tender.
The aggregate deficit of 5794 schemes in the Pension Protection Fund's (PPF) 7800 Index is estimated to have decreased to £186.2bn by the end of June.
The T-Mobile International UK Pension Scheme has appointed BlackRock as its first fiduciary manager after an open tender.
Legal & General Investment Management (LGIM) has signed up to the code of transparency created for the Local Government Pension Scheme (LGPS), bringing the total number of signatories to five.
Legal & General Investment Management (LGIM) has appointed BlackRock's Mark Johnson as head of institutional client management, as part of plans to bolster its pensions proposition.
Baillie Gifford and Montanaro are the first asset managers to sign up to a new transparency code to help the Local Government Pension Scheme (LGPS) get a better handle on investment costs.
The combined deficit of the UK's defined benefit (DB) schemes grew by 30% over the last 12 months, according to the Pension Protection Fund (PPF).
BlackRock is rolling out seven new tracker funds for its authorised contractual scheme (ACS) after launching the UK's first tax transparent Fund (TTF) three years ago.
The aggregate deficit of defined benefit plans (DB) fell by £15.5bn over last month to £226.5bn according to the Pension Protection Fund's (PPF) latest update.
The combined deficit of defined benefit (DB) schemes increased by £45.5bn over February to £242bn according to the Pension Protection Fund's (PPF) latest update.