The £1.2bn Plumbing & Mechanical Services Industry Pension Scheme has outsourced its investment function as it aims to reach buyout-level funding.
Five years since mandatory tendering came into force for fiduciary management, two reports set out how providers have performed and how they are positioning for current and future challenges.
Many model growth portfolios used by fiduciary managers outperformed the actual portfolios run on behalf of pension scheme clients, a new report shows.
The Pensions Investment Review will not undermine freedom of investment choice, nor will it threaten fiduciary duty, according to the person overseeing the project for the Treasury.
Ivan McKee will explore how the Scottish government is seeking to enhance its partnership with investors and make Scotland a more attractive place for investment.
GLIL Infrastructure has teamed up with UK asset manager Equitix and Austrian construction firm Strabag to run a major upgrade of the Haweswater Aqueduct in the Lake District.
The figure includes more than six million members administered by Capita, as the service provider becomes the latest to announce its connection.