Scheme Management News Today : Breaking News, Live Updates & Top Stories | Vimarsana

This year saw an avalanche of news in the pensions sector. PP has rounded up the most read stories of 2023.

Charles Stanley has appointed Abbas Owainati to the newly created role of head of asset allocation and Amish Patel as head of equity research.

The number of searches for the second quarter of 2023 decreased to 109 from 147 in the prior quarter, with 45% for service providers, followed by 36.7% for traditional managers and 15.6% for alternatives. Hiring activity declined to $58.4 billion from $69.6 billion in the previous quarter. Alternative hires totaled $41.5 billion, a slight increase from $39.9 billion in the prior quarter, partially offsetting a 11% decline in traditional hires.

In the current tough economic environment, maturing pension funds will need good investment professionals, said Morten Nilsson, CEO of Brightwell.

The BT Pension Scheme has rebranded as Brightwell to offer its asset management expertise to the UK's DB funds. Morten Nilsson argues the case for ditching a complex landscape of advisory and asset management services and the buyout model for Brightwell's holistic offering.