UK - Integrated Asset Management has launched a loan note which offers annual returns between a minimum of 5% per annum and a maximum of 17% per annum.
Listed on the Alternative Investment Market of the London Stock Exchange the variable rate convertible unsecured loan note links interest rate payments to the performance of the GAIM market neutral fund of hedge funds.
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.