Trustees of the Macmillan Cancer Support Pension Scheme have appointed Ernst & Young to monitor and challenge decisions made by its fiduciary manager Mn Services.
GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.
GLOBAL - USS; Record Currency Management; BlackRock; First State; West Midlands; Mn Services;
GLOBAL - Global endowments have begun to create bespoke inflation indices to use within their portfolios, said Marcus Grubb, managing director at the World Gold Council at a GP web debate on managing inflation risks.
Listen to our latest Pensions Conjecture debate on Fiduciary Management.
Mn Services has won a £450m fiduciary management mandate from the Delphi defined benefit pension schemes in the UK.
UK - Mn Services has won a £450m ($702m) fiduciary management mandate from the Delphi defined benefit pension schemes in the UK.
UK - Dutch manager Mn Services plans to sue Royal Bank of Scotland in the UK over losses relating to sub-prime mortgages and has been in discussions with other European schemes about joining the suit.
GLOBAL - A group of institutional investors with some $558bn in assets under management are urging global stock exchanges to require listed companies to report how environmental, social and governance (ESG) factors impact their businesses.
The Macmillan Cancer Support pension scheme has appointed Mn Services as its fiduciary manager, to advise the trustees on their investment strategy.