The Pensions and Lifetime Savings Association (PLSA) has teamed up with KAS Bank as new education partner for cost transparency.

As part of the partnership, KAS Bank will provide seminars, webinars, blogs and training materials to inform trustees on the benefits of cost transparency. It will also brief them on upcoming regulatory framework and deliver practical guidance on how to implement transparency standards. The first teach-in session will take place on 20 March followed by a webinar on 30 April. KAS Bank entered the partnership following a PLSA survey which found that 80 per cent thought that more was needed to educate trustees on cost transparency.

Local Government Pension Scheme Central has appointed three external managers for its £1.5bn emerging markets equity active multi-manager fund.

The fund, launching later in the year, generated interest from 72 fund managers from across the globe. BMO Asset Management, UBS Asset Management and Vontobel Asset Management where the three funds selected. Commenting on the appointment, LGPS Central CIO, Jason Fletcher said: We look forward to building a long-term working partnership with them all so that we can deliver our Partner Funds’ investment objectives effectively.”

Northern Local Government Pension Scheme (LGPS) has published its responsible investment policy.

The policy looks to uphold “the highest standards of corporate governance at its investee companies”, while investing to deliver financial, social and environmental benefits across the UK. The guidance has “ambitious” environmental, social and governance policies and is committed to engaging and influencing its largest portfolio companies. Furthermore, it hopes have 100 per cent of assets with net zero emissions by 2050.

Gowling WLG has been reappointed to the National Local Government Pension Scheme (LGPS) Framework.

It has been tasked with providing legal services to LGPS funds and pools in England and Wales. The panel appointment includes advising on a full range of services including pensions, investment and property matters. The firm tendered for 3 lots and were appointed to all, with the duration of the panel agreement being for an initial 5 year period with an option to extend for an extra 2 years.

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