Greater Manchester Pension Fund (GMPF) has committed £10m to a company that funds small-scale renewable energy projects across the country.
The local government fund has invested in Albion Community Power (ACP), joining Strathclyde Pension Fund and the UK Green Investment Bank (GIB) which committed £10m and £50m respectively earlier this year....
This week's top stories included analysis suggesting the British Steel Pension Scheme could have a £2bn surplus, while the Treasury removed its controversial MPAA cut from the Finance Bill.
Members of master trusts will see greater protection as new rules for an authorisation regime and capital adequacy have been signed into law.
Royal Mail has offered its employees a cash balance defined benefit (DB) scheme as a compromise for closing its current career average DB scheme to accrual.
The question of the state pension age will not be answered before the snap general election, the Department for Work and Pensions (DWP) has told PP.