UK commercial property capital growth rates improved just 0.1% last month as stagnating yields and rents continued to contribute to a "lacklustre" market, Investment Property Databank says.
UK - Merseyside Pension Fund is seeking new passive equity and bond managers to boost its responsible investing policy.
Merseyside Pension Fund is seeking new passive equity and bond managers to boost its responsible investing policy.
Occupational scheme member groups have attacked the switch to Consumer Prices Index inflation as a Treasury cost-saving exercise aimed at benefitting business over members.
UK - Trustees risk being fleeced by underperforming investment managers after it was revealed management fees jumped 11% last year on the back of improved market conditions, a consultant says.
Trustees risk being fleeced by underperforming investment managers after it was revealed management fees jumped 11% last year on the back of improved market conditions, a consultant says.
UK - The Conservative chairman of the Local Government Association has attacked coalition plans to hike council worker pension contributions warning the move would lead to mass opt-outs.
The Conservative chairman of the Local Government Association has attacked coalition plans to hike council worker pension contributions warning the move would lead to mass opt-outs.
UK - Members of mobile phone firm O2's final salary scheme have avoided the scheme closing by voting to increase their contributions from 6% to 10%.
Final salary members could see 4% slashed from their benefits after the Bank of England used miscalculated inflation rates for more than a decade, experts say.