British American Tobacco Picks LCP as Consultant

British American Tobacco UK Pension Fund, London, hired Lane Clark & Peacock as investment consultant, according to a news release from LCP. Mercer had been investment consultant for the £2 billion ($3.1 billion) pension fund, according to the U.K. Pension Funds and their Advisers directory. Neither Phil Boyle, partner at LCP, nor Maria Crellin, BAT's U.K. pensions manager, could be reached by press time for further information. Enditem