PRUPIM has acquired a £67m Tesco superstore in Cardiff for the M&G Secured Property Income Fund.

Schools switching to academy status could face higher pension contribution rates because they will no longer have the same degree of funding security as council run schools.

China's failure to tackle rising inflation could result in a marked slowdown in growth as policymakers are driven to adopt harsher monetary policy.

Agreeing hikes to local government contribution rates by June is an "extremely optimistic" timeframe, union leaders say, throwing into doubt the Treasury's summer deadline.

UK - Employer contributions to funded workplace pensions have risen by £16bn ($26bn) in just two years, as employee contributions plummeted by £3.5bn over the same period, figures show.

Employer contributions to funded workplace pensions have risen by £16bn in just two years, as employee contributions plummeted by £3.5bn over the same period, figures show.

Increases to state pension age will hit the poorest men in society hardest, as one-fifth die before they can draw a pension, a former pensions minister says.

UK - Plans to allow early access to pension savings have been buried after a consultation revealed "insufficient evidence" it would encourage more saving, the Treasury says.

The number of pensioners predicted to live to 100 has increased by nearly 7% over the past year due to a rise in life expectancy, revised figures show.

Plans to allow early access to pension savings have been buried after a consultation revealed "insufficient evidence" it would encourage more saving, the Treasury says.