The Royal County of Berkshire Pension Fund is set to take a 20% shareholding worth £8.2m in Gresham House alongside plans to invest in the asset manager's new alternative investment fund.
The government's admission there is a case to suspend indexation for certain underfunded defined benefit (DB) schemes has been welcomed by some while others warn it would open the floodgates.
The Pension Protection Fund (PPF) is proposing a new levy rule for schemes that cease to have a substantive sponsor following a restructuring in order to protect other levy payers.
The way schemes invest has changed dramatically over the past 20 years in response to a whole raft of challenges. Stephanie Baxter asks if they're in a better place now.
Across the globe, political risk and uncertainty is on the rise, characterised in the UK by the recent and ongoing BREXIT debate, leaving investors facing uncertainty.Download