UK - The £1.34bn Associated British Foods Pension Fund has sold a retail warehouse park in Southampton to Axa Sun Life for £17.7m.
The deal, which gave a net initial yield of 6.14% to ABFPF, was advised by Chesterton Property Investment Management.
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.