Rothesay Life has refinanced £100m of debt with MassMutual, a US mutual life insurer.
The insurance company said the investment would take the form of perpetual subordinated debt, and confirmed the strength of its business model. The investment replaces existing debt and Rothesay said...
Con Keating says it is time for a different approach to defined benefit pensions but questions how easy this would be to achieve.
Robert Gardner says it is time for the industry to step up on financial education
The Pension Protection Fund's (PPF) decision to appoint an administrator for British Home Stores (BHS) independent of Sir Philip Green has been "vindicated" says Frank Field.
The British Steel scheme's trustee board has turned down Edmund Truell's proposal to save the fund, calling it an unviable plan that would expose members to "unacceptable risk".