Standard Life Investments has been awarded a fixed income mandate by Cumbria County Council, following a lengthy tender process. The £130m segregated mandate for sterling corporate bonds will be managed on a buy and maintain basis.
Aon Hewitt has completed the acquisition of Babcock International Group's Pensions Administration Office (PAO). It was announced in October that Aon Hewitt was purchasing the provider of high quality pensions administration services. Aon Hewitt has taken on its 33 employees and all its clients have agreed to transfer their service agreements to the office. The clients largely comprise public sector final salary schemes and have around 80,000 members. The office has also expanded its services to administer private sector schemes and those with DC and CARE structures.
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Hampshire Pension Fund consults on investment strategy and ESG priorities
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Pensions Age editor, Laura Blows, talks to Sophie Dapin, Director, Institutional Solutions EMEA at BlackRock, and host of BlackRock’s Rewiring Retirement podcast, about the growing interest in collective DC in the UK pensions market
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In the latest Pensions Age podcast, Francesca Fabrizi speaks to Capita Pension Solutions global practice leader & chief revenue officer, Stuart Heatley, about who matters most in pensions and how to best meet their needs
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