BlackRock

There are increasing concerns retirees are not making informed decisions when choosing drawdown funds and could have high exposure to sequence risk, writes Stephanie Baxter.

The Investment Association is to run a register for the government, naming and shaming those firms which have been subject to shareholder revolts over executive pay.

The trustee of the IPC Media Pension Scheme has appointed BlackRock as fiduciary manager to run around £600m of assets.

The aggregate balance of the UK's defined benefit (DB) schemes improved by £6.2bn over July, according to the Pension Protection Fund's (PPF) 7800 Index.

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.