Prupim, M&G's real estate investment management arm, has agreed to buy a £105.4m residential portfolio from Berkeley Group Holdings, marking a significant foray into UK rented housing by an institutional investor.
Staffordshire Pension Fund and Royal Borough of Greenwich Pension Fund have become the latest schemes to join the Local Authority Pension Fund Forum.
Axa is reviewing the viability of maintaining its defined benefit scheme due to an increasing deficit and the additional costs associated with the end of contracting out.
Jack Jones looks at the IMA's sea change on charges
Jack Jones looks at the response the European Commission’s green paper on financing growth
Taha Lokhandwala analyses the DA options that are most attractive to the industry
Welsh authorities have consulted on merging local government pension scheme funds into a common investment structure.
Long-term asset owners must be the "overwhelming voice" in any proposed UK investor forum, according to industry figures.
The annual cost of unfunded public sector schemes has increased since the introduction of the Hutton reforms according to figures from the Office for Budget Responsibility.
Sponsors must demonstrate a distinction between promoting growth and simply saving money in scheme deficit repair negotiations, The Pensions Regulator chief executive Bill Galvin says.