News

The £1.5bn Dorset County Pension Fund has appointed JLT Investment Consulting to help it select a new bond manager.

The onus of conducting due diligence on transition managers has shifted greatly to the asset owner, yet gaining access to managers' track records remains a problem, delegates heard.

Ralph Turner, a former pensions manager at Mars, ICI and Emap, has joined Anthony Hodges Consulting as a senior adviser for its Pensionweb networking site.

The Department for Work and Pensions has delayed the introduction of amendments to the Employer Debt Regulations until December, it has announced.

Johnson Fleming has launched a ‘nudge' communications service in a bid to provide individually targeted communications to defined contribution scheme members.

US - CAMRADATA Analytical Services has launched a new pension risk transfer (PRT) product database for US pension plans.

UK - The onus of conducting due diligence on transition managers has shifted greatly to the asset owner, yet gaining access to managers' track records remains a problem, delegates at this month's GP's Transition Management Forum heard.

KOREA - Mercer has set up an investment management business in Korea to help local institutional investors take advantage of global market opportunities.

US - California State Teachers' Retirement System (CalSTRS) administrator Julia Durand, has been elected president of the National Association of Government Defined Contribution Administers (NAGDCA).

UK/US - Cairn Capital is to launch a Subordinated Financials fund with £39m ($60m) seed capital from the Stanhope Pension Trust and San Bernardino County Employees' Retirement Association.