- Consulting service Buck has launched a digital assessment solution for pension schemes.

The online application provides trustees and company sponsors with access to pension scheme performance indicators, including metrics around funding, investment and risk to pension schemes. The platform has been developed using direct feedback from trustees and sponsors as a solution to assessing performance against key objectives. It is the latest in line of technology-driven solutions launched by the firm and is available to download on Apple and Android.

- XPS Pensions group has joined the Star initiative to improve industry standard for pension transfers.

The firm said it demonstrates their commitment and support to driving pensions transfer standards upwards and transfer times downwards. The initiative was created to shape industry-wide standards by delivering a cross-industry framework of good practice. According to the XPS, it is particularly important to improve DC to DC transfers, calling on its current use of DC technology to reduce time and risk when communicating with investment managers.

- Brunel Pensions Partnership has opened its search for managers for its smaller companies’ equities sub-fund.

Brunel head of listed markets, David Cox, said: “The sub-fund, which sits under our active equities portfolio, offers us the opportunity to really investigate the practical issues of investing in smaller companies and to harness the exceptional growth potential of these companies.” The fund will be between £100m to £400m as an initial indication. The Local Government Pension Scheme said it is open to any thought leadership or whitepapers on the topic. The tender is expected to take place in August 2019.

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