The Bank of England’s monetary policy committee (MPC) has voted by a majority of 7-2 to maintain the interest rate at 0.75%.
RPMI Railpen will develop a newly purchased site with a speculative warehouse and logistics scheme in a bid to boost its property portfolio.
An individual who moves into self-employment after ten years work will miss out on an additional £115,300 in retirement funds after exiting their occupational pension scheme.
There is still no available guidance for trustees on how to incorporate cyber security risks in their investment and stewardship processes, according to NEST.
The £5.6bn London Collective Investment Vehicle (LCIV) has launched its first infrastructure fund which was seeded by six of the London Borough Pension Funds.
Members of the Mothercare pensions scheme can “be assured” that their savings will be protected after the collapse of the merchandiser’s UK business, says the Pension Protection Fund (PPF).
Fund house River and Mercantile (R&M) saw net flows of £1bn for the three months to 30 September 2019 thanks to strong investment performance across all divisions.
Major industry concerns such as GMP equalisation are being left on the back burner as employers continue to grapple with the complexities of pensions tax, the Association of Consulting Actuaries says.
HM Revenue and Customs (HMRC) paid back over £54m in tax on pension withdrawals during the three months to 30 September – the highest quarterly amount since the introduction of Freedom and Choice in 2015.
Increased certainty around Brexit deadlines and eventual terms could remove major overhang for European equity market investments, NN Investment Partners finds.