Pensions

Schroders has launched Flight Path Swift, a flexible defined benefit investment solution for smaller pension schemes, designed specifically to focus on increasing funding level protection.  »

State Street Global Advisors (SSgA), the investment management business of State Street Corporation, has formed a new partnership with the SEI Master Trust. »

The London Pensions Fund Authority (LPFA) has reported indicative results of the 2013 valuation of its GBP4.7bn fund. »

The OPSEU Pension Trust (OPTrust) has reported gross investment results of 10.1 per cent for 2012, surpassing both its funding target return of 6.5 per cent and its composite benchmark. »

Zurich’s corporate savings business in the UK has launched a new auto-enrolment default fund solution in conjunction with Schroders. »

Since the financial crisis one in three European pension schemes claims it is either “extremely difficult” or “difficult” to keep up with new regulatory developments in the pensions industry, according to a study from State Street.  »

Scotiabank has acquired 50 per cent of BBVA's pension fund management business, AFP Horizonte, in Peru. »

ATP (Arbejdsmarkedets Tillægspension), the Danish Labour Market Supplementary Pension Scheme and its subsidiaries, has appointed Northern Trust to provide custody and related services to approximately USD106bn pension fund assets. »

The London Pensions Fund Authority (LPFA), one of the largest local government pension scheme (LGPS) funds in the UK, has appointed Sir Merrick Cockell as deputy chairman and has added three pensions industry veterans to its board. »

BNY Mellon has been selected by British Airways Pension Fund to provide specific services for a number of the fund's over-the-counter (OTC) derivative investments. »