UK - Hermes Pensions Management and property specialist Prestbury Investment Holdings have set up a £50m real estate partnership.
The Prestbury Real Estate Limited Partnership will be opportunistic, leveraged and can invest in property in any sector within the UK.
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.