Schroders will take on the management of the portfolio for the £3bn E.ON UK Group pension fund, which is part of the £29bn Electricity Supply Pension Scheme.
Isio research has found that 85% of fiduciary managers are using AI in some form, but few are close to using it for significant investment work.
Van Lanschot Kempen will oversee the investment of £2.5bn across the Lafarge UK Pension Plan and the Aggregate Industries Pension Plan, both sponsored by Swiss company Holcim.
Large outsourcing agreements are helping to offset the pipeline of DB pension schemes heading for buyout, according to Quantum Advisory, as trustees weigh up more endgame options.
Royal London has insured the Harwich Haven Authority Pension Fund through a £45m full scheme buy-in covering all 170 members.
Schroders will take on the management of the portfolio for the £3bn E.ON UK Group pension fund, which is part of the £29bn Electricity Supply Pension Scheme.
New data analysis shows that many people the government has claimed are “protected” from changes to salary sacrifice will still lose out when the cap is introduced in 2029, according to LCP’s Steve Webb