Shares in Just Retirement have been priced at 225p each ahead of its initial public offering (IPO), based on a market capitalisation of £1.1bn.
Shares in the private equity backed enhanced annuity specialist will begin trading today under the ticker 'JRG'. Gross proceeds from the sale are expected to be in the region of £343m. Just Retirement...
The latest virtual event in PP’s DeskFlix series takes place on 7 July
Newton Investment Management's Lloyd McAllister looks at how an active approach could help DC schemes to tackle climate change
The economic uncertainty generated by Covid-19 is likely to cause a large number of defined contribution (DC) schemes to move into master trusts, according to PP readers.
Red tape preventing pension schemes from managing the barriers around GMP equalisation is leading to many combining conversion with pension increase exercises (PIE), Aon says.
The Financial Conduct Authority (FCA) will bring forward proposals designed to promote value for money for workplace pension schemes members, a consultation paper says.