Pension Insurance Corporation is hoping to raise around £500m in new capital to allow it to complete £5bn of risk reduction deals with schemes.
EUROPE - A European parliamentary committee has backed proposals to exempt pension funds from rules forcing them to clear over-the-counter derivative transactions through central counterparties.
A European parliamentary committee has backed proposals to exempt pension funds from rules forcing them to clear over-the-counter derivative transactions through central counterparties.
A Luxembourg investment fund is in exclusive talks about a deal to invest £400m of new capital in Pension Insurance Corporation.
Jonathan Stapleton talks to PPF head of operations development Phillip Beecroft about the lifeboat fund's assess and pay programme one year after the pilot scheme was launched.
Professional Pensions assembled a panel of three industry experts to talk about how insurance-based risk reduction deals can be implemented in practice.
EUROPE/US - Saguenay Capital and Strathmore Capital have merged to create Saguenay Strathmore Capital.
Saguenay Capital and Strathmore Capital have merged to create Saguenay Strathmore Capital.
UK - Imminent changes to accounting standard IAS19 could dent UK company profits by as much as £10bn ($16bn), KPMG warns.