The asset manager has landed a full portfolio mandate for the defence technology firm’s DB scheme, expanding on its existing mandate overseeing a liability-driven investment portfolio.
UK asset manager Schroders is to become part of US investment giant Nuveen, the companies announced this morning.
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.
Implementation of the Pension Schemes Act and related reforms will not be affected by debates over the future leadership of the Labour Party, according to the pensions minister.
Introducing flexible approaches to auto-enrolment contributions risks introducing complexities and would not be popular among savers or employers, according to a major study led by Pensions UK.
Most DB trustees are yet to factor in how breakthrough health treatments could affect liabilities, despite their potential to reshape future mortality trends, according to Standard Life.