The £2.4bn Lothian Pension Fund is set to implement a revised investment strategy after losing 17% over the fiscal year to March 31.
According to its annual report and accounts for 2008-2009, the scheme also undertook an actuarial valuation which showed a funding level of 85%, with a deficit of £524m. The new strategy will se...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders