Bond market slowly begins to catch up with demand
Social pension funds would finance much-needed investment in housing and rehabilitation at a time of austerity while encouraging a stronger savings culture, according to a report.
Savers have invested more in regular income products than just taking cash since the April pension freedoms, according to the Association of British Insurers (ABI).
Up to £500,000 of public funds will be spent on setting up special purpose vehicle (SPV) for Newham Pension Fund despite the council's oversight and scrutiny committee (OSC) calling for the project to be shelved.
Tesco will provide staff with concessions after plans to close its final salary defined benefit (DB) pension scheme triggered a flood of complaints from employees and unions, according to reports.
Almost two thirds of companies have not changed their defined contribution (DC) default investment strategies to take account of the pension flexibilities, according to two surveys.
Pensions Insurance Corporation (PIC) has invested in £70m of Consumer Prices Index (CPI) linked secured debt issued by the Church of England Pensions Board (CEPB).
Rising longevity poses a much greater threat to companies with defined benefit (DB) pension schemes than low interest rates, Fitch Ratings has warned.
Buck Consultants has introduced a service to help defined contribution (DC) trustees assess whether their schemes provide value for money for members.
Trustees are learning to get bolshy over contracts