Northern Trust has been appointed by Coal Pension Trustees Services to provide asset servicing solutions for two coal industry schemes.
The in-house arm of the UK's coal industry schemes takes a very long-term approach to investing. Coal Pension Trustees' CIO tells Michael Klimes what other schemes can learn from its experience.
The Pension Protection Fund (PPF) has completed the largest transfer since it brought member services in-house by absorbing five sections of the industry-wide Coal schemes.
The Pension Protection Fund has completed the sale of its stake in Harworth Estates, the property group split from UK Coal.
The British Coal Staff Superannuation Scheme has axed surplus sharing arrangements and standstill while introducing annual pension increases for members.
The Pension Protection Fund (PPF) has agreed to sell its stake in Harworth Estates, the property group split off from UK Coal, in a deal worth £150m.
The biggest stories on PP this week involved controversy over the LGPS, an overhaul at Santander's scheme, a new chief exec at TPR, and a PPF sell off. Here are the top five.
Coalfield Resources has reached an agreement with the Pension Protection Fund (PPF) to acquire the lifeboat fund's 75.1% share in Harworth Estates Property.