News in brief w/c 8 April

SEI has announced that it has been appointed as fiduciary manager to the defined benefit schemes of Metroline, a provider of bus services in London. It will act as fiduciary manager for the Metroline London Northern Pension Scheme and the Metroline Pension Scheme.

James Hay Partnership has joined forces with specialist wealth management firm Berry Asset Management to offer a SIPP product to financial advisers and their clients. The Modular iSipp brings the pensions expertise and investment expertise of the companies together.

LCP has launched an interactive online tool to help trustees and sponsors to help trustees navigate de-risking in their defined benefit pension schemes. By visiting the LCP ‘navigate de-risking website’, users can assess their current position in the de-risking journey, identify the potential actions that can be taken along the way; and understand the benefits of each of those actions in the context of reaching the scheme’s end goal. The site is available at www.lcp.uk.com/derisking.

The Pensions Archive Trust (PAT) has announced the publication of its guide to archival material held at London Metrolpolitan Archives (LMA) relating to occupational pensions or other support provided in old age and the PAT hopes that this will be a valuable resource for understanding pensions’ significance to social history.

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