UK - Cheval Properties has purchased a £125m retail portfolio of 34 shops from Morley Asset Management.
The portfolio contains high grade retail units in a number of cities around the UK and has an initial yield of 6.05%.
CB Hillier Parker acted for Morley and Cluttons Commercial/Fineman Ross and CWM acted for the purchaser.
Trustees lack expertise, time and resources to develop effective communications on technical pensions issues and need professional help, a major review of the British Steel saga has concluded.
In this week's Pensions Buzz, we want to know if you think trustees should consult directly with members before agreeing to a DB superfund buyout.
Thousands of savers taking tax-free lump sums ahead of retirement are at risk of a pensions shortfall in later life due to neglecting their remaining pot, Zurich has warned.
Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?