News in brief: 26 October

Hermes Investment Management’s stewardship and engagement team, Hermes EOS, has been appointed by LGPS Central Limited to provide voting and engagement services.

LGPS Central Limited, one of eight pooling vehicles across England and Wales, is currently responsible for the management and stewardship of nearly £14bn of assets for nine midlands-based Local Government Pension Scheme (LGPS) funds; Cheshire, Leicestershire, Shropshire, Staffordshire, West Midlands, Derbyshire, Nottinghamshire, Worcestershire, and the West Midlands Integrated Transport Authority.

Aries Insight has announced that Aon has joined its Aries Pensions Club.

Commenting, Aries Insight director Ian Neale said: “At a time when pensions regulation is constantly shifting, it’s unsurprising that many companies are choosing to look at how best to keep clients ahead of the latest legislative changes. We are thrilled to be able to provide up-to-date, precise information to all our clients, now including Aon.”

The UK Atomic Energy Authority and Combined Nuclear Pension Plan (CNPP) have awarded Equiniti Group plc its administration contract.

The schemes, which have 60,000 members, support virtually all employees and former employees engaged in the UK nuclear industry, will be serviced from EQPaymaster’s office in Caithness, Scotland. EQPaymaster CEO Ric Williams said: “I am delighted to welcome UK Atomic Energy Authority and CNPP as direct clients. We have been working with them since we stepped in after Aon withdrew from this market and our appointment is a testament to the quality of our team in Caithness.”

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