Dorset County Council has appointed JLT Benefit Solutions to aid with an asset study following on from the council’s triennial pension scheme valuation which will set out its investment strategy going forward.
The council’s pension fund has around £1.5 billion in assets and 51,000 pension scheme members.
Nick Buckland, investment manager at Dorset County Council, said: “We were impressed by JLT’s straightforward approach, making communication with our investment committee easier and more effective.”
John Finch, divisional director at JLT Benefits Solutions, added: “We look forward to working with Dorset County Council, its commitment to its scheme members is highly regarded.
“Local government pension scheme funds face a challenging financial environment and this is an excellent time to review the effectiveness of asset strategy.”
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