UK - Pooled property funds soared by 1.5% in the first three months of this year, figures based on Investment Property Databank indices show.
The results – jointly published by HSBC and The Association of Property Unit Trusts – show that pooled property funds increased by 8.8% in the year to the end of March.
This compares to a 7.2% drop in the FTSE All-Share Index in the first three months of this year, and a 29.8% fall in the year to the end of March.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers