Legal & General

Lothian Pension Fund is tendering for new global equity managers following the appointment of Invesco Perpetual and Baillie Gifford to run its separate Pan Asia Pacific equity mandates.

JLT Benefit Solutions has been ordered to pay compensation after it delayed a scheme transfer and the member concerned died in the interim.

Legal & General generated £1.6bn in new pensions business in the first half of 2011, up from £1.5bn in the same period for 2010.

Legal & General Workplace Savings has hired a development director - a newly created role in response to an increasing number of direct enquiries from the corporate market.

The low charges set by the National Employment Savings Trust will set a benchmark with which pension providers will have to compete, Legal & General says.

This month includes panelists from L&G, BNP Paribas, M&G and Aviva Investors.

BlackRock hires NEST's Gilbody; Aviva Investors; Liongate; Municipal Fire and Police Retirement System of Iowa; Ignis; HSBC Asset Management; Towers Watson; Acadian; Cardano; LGIM; Mercer

UK - Legal & General Investment Management (LGIM) has appointed Aberdeen Asset Management's Nick Griffiths as head of global rates.

Threadneedle is set to withdraw from the full service group personal pensions market in a bid to focus on its investment only offering.

The first anniversary of the Coalition government has marked a year of relentless pension reform. Helen Morrissey asks the industry whether these reforms have been successful