UK - Bristol & West has launched a guaranteed equity bond for investors in self-invested pension plans or small self-administered schemes.
The new bonds, which guarantee the return of the initial investment in full at the end of the fixed-term, are aimed at clients who want low risk.
Bristol & West has two new GEBs available for investment in pension schemes comprising a seven-year income and growth bond and a five-year guaranteed FTSE bond, which pay 90% of the growth in the FTSE100 over the period.
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).