Services inflation in decline alongside gas and electricity prices
Aegon AM, BlackRock and JP Morgan AM to manage offering for 700,000 members
Inflation hits Bank of England's target for the first time since 2021
CPI figure lower than expected after remaining stagnant at 4%
Increase in inflation expectations has now added £140bn to DB liabilities since last July
Here they are - the winners of the UK Pensions Awards 2021...
ONS data shows this is the fastest pace in inflation growth in almost two years
Brunel Pension Partnership has appointed four asset managers to run a £1.2bn sub-fund, while Border to Coast Pensions Partnership has appointed two specialist China managers.
James Phillips looks at JP Morgan Asset Management analysis on how LGPS funds have fared over the period to the 2019 valuation, and how they can respond to recent market falls.