Florida picks Deloitte & Touche

Florida State Board of Administration, Tallahassee, hired Deloitte & Touche as compliance consultant to evaluate investment management, custody, trading and other programs for the $159 billion in assets the board oversees, including the $129 billion Florida Retirement System, said Dennis MacKee, communications director. Hiring for the onetime evaluation is pending the finalization of contract terms, which could be completed next week, he said.