UK defined benefit (DB) schemes lose up to £250m a year due to less tax-efficient funds, according to research by the Asset Management Exchange (AMX) and Northern Trust.
The £8bn Lothian Pension Fund (LPF) has appointed custodian Northern Trust as the provider of an automated proxy support service.
Aberdeen Standard Investments (ASI) has "sold down [the] structurally challenged companies" in the LF ASI Income Focus fund as it repositions the portfolio to be more liquid and diversified ahead of its reopening on Thursday 13 February.
Link Fund Solutions has written to investors to announce that the LF ASI Income Focus fund (formerly the LF Woodford Income Focus fund) will reopen on 13 February.
The £46bn Northern Pool set up by three local government pension funds has selected Northern Trust to provide a broad range of custodial and administration services.
Stephanie Baxter speaks to five pools about the progress they have made and their plans for the future beyond the April 1 deadline
The Border to Coast Pension Partnership has selected Northern Trust as to provide third-party administration and depositary services ahead of the looming April deadline for pooling.
Pension trustee boards should comprise of individuals with a range of different life experiences and viewpoints as this will lead to better decision-making, speakers at the Pensions and Lifetime Savings Association's diversity seminar say.
The London Borough of Brent has appointed Northern Trust to provide global custody, performance measurement and valuation services, to its £650m pension fund.
The National Employment Savings Trust (NEST) has added two emerging market alternative index funds to the seven "building blocks" of its default target date fund.
Cambridge and Northamptonshire local government pension schemes (LGPS) have appointed Northern Trust to act as custodian of their £4bn of assets.
Around a quarter of asset manager signatories of the National Association of Pension Funds' (NAPF) Stewardship Code have completed the body's disclosure framework since its October 2013 launch.
Strathclyde Pension Fund has appointed Northern Trust for the fourth consecutive term to hands its securities lending, global custody, cash management and foreign exchange investments.
Here they are - the winners of the UK Pensions Awards 2012.
The Superannuation Arrangements of the University of London has reappointed Northern Trust as global custodian with an extended mandate.
US - Institutional investment managers believe US equities are undervalued despite many expecting a further decline in US economic growth, a Northern trust survey finds
Northern Trust; HOOPP; LACERA; PRUPIM; Blackstone Group; Towers Watson; State Street; F&C; CalPERS; Natixis
AUSTRALIA - The A$24bn Commonwealth Superannuation Corporation has hired Northern Trust as custodian, marking the firm's first full-service master custody client in Australia.
GLOBAL - USS; Record Currency Management; BlackRock; First State; West Midlands; Mn Services;
HONG KONG - Northern Trust will begin offering index equity portfolio management services from Hong Kong after receiving regulatory approval this week.
APG Group; BNY Mellon; Dreyfus Corporation; Northern Trust; TRS; QIC; AXA Investment Managers; Acadian Asset Management; BlackRock; Aon Risk Solutions; SSgA; Mercer; RBC Dexia Investor Services; Schroders
AUSTRALIA/NEW ZEALAND - Northern Trust has appointed Rohan Singh as managing director of its Australia and New Zealand business.
UK - Northumberland County Council Pension Fund has appointed Northern Trust to provide it with transition management services.
Northumberland County Council Pension Fund has appointed Northern Trust to provide it with transition management services.