Johnston Press Pension Plan has agreed a revised recovery plan with its sponsor, entitling it to a chunk of the proceeds from the sale of company assets, to help plug its rising deficit.

The Church of England Pensions Board is considering spreading its infrastructure portfolio outside Europe, following a similar decision to rebalance its property portfolio towards the US and Asia in a hunt for return.

West Midlands Pension Fund plans to market its internal support services to third parties in order to become cost-neutral by offsetting its administration costs.

Caterpillar Pension Plan has postponed a decision to cut its equity exposure to increase its liability-driven investment allocation as a result of concerns over stock market volatility.

Scheme managers and consultants have given a mixed response to the question of non-disclosure agreements for fund management fees, after concerns were raised that they may inhibit schemes’ ability to negotiate value for members.

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