Warminster Township seeks investment consultant for pension funds

Warminster Township, Pa., is looking for an investment consultant for its police and non-uniformed pension plans totaling $32 million.

The search is being conducted because the pension investment advisory board felt it was appropriate to explore options, said Gregg Schuster, township manager, in an email. RBC Wealth Management is the current consultant and is invited to rebid.

The RFP is available on the township's website. Proposals are due by noon EDT on April 7. A selection is expected in June, Mr. Schuster said.