UK - Isis Equity Partners has announced the second close of its limited partnership fund - Isis Equity Partners III - and has received commitments of £143m.
The fund was launched in September 2002 and held a first close on £125m at the end of December 2002.
Isis aims to finally close the fund on December 31, 2003 with a target of £175m.
A "substantial" parliamentary bill acting as a "roadmap" for the long-term future of private pensions will lead to a "significant period of calm", Guy Opperman has promised.
The Department for Work and Pensions (DWP) has completed its appointment process for the Single Financial Guidance Body's (SFGB) board, naming three non-executive directors.
Pensions and financial inclusion minister Guy Opperman has launched a simplified two-page annual statement in a bid to provide a best practice template for the industry.
Some 70% of defined contribution (DC) members want to know their scheme is personalised and tailored to their needs, an Invesco language study reveals.