The trustees of GlaxoSmithKline's (GSK) pension schemes have hired fiduciary manager Cardano as investment adviser.
Scrapping defined benefit (DB) indexation will be controversial but collective defined contribution (DC) plans outlined in the government's defined ambition (DA) paper could prove popular, the industry says.
Jack Jones looks at how trustees can assess their managers
Jack Jones looks at why defined ambition needs to succeed
BlackRock has launched a new multi-asset strategy aiming to provide cash outperformance of 6% as competition heats up in the diversified growth fund (DGF) market.
The Pensions Trust and Cardano talk about their fiduciary management arrangements
David Adkins explains how The Pensions Trust works with Cardano
The trustees of the £2.7bn UK Power Networks Group (UKPN) of the Electricity Supply Pension Scheme (ESPS) have hired Cardano as their investment adviser.
Investments in ground rents are "misguided" and risk locking pension schemes into low returns, warns consultant Cardano, amid on-going interest in using the asset class to match liabilities.
Cardano has pulled its investments out of Standard Life Investment's Global Absolute Return Fund, which is the largest UK-domiciled fund.