Pension Insurance Corporation (PIC) has agreed to a 30 year debt investment in Phoenix Community Housing, a not-for-profit, resident-led housing association in London.
The deal - which makes PIC the sole investor of the company - was agreed to by both parties in February, and completed at the end of March. The bond will fund the development of more than 200 new homes,...
The winners of the Professional Pensions Investment Awards 2020 have been announced.
Legal and General Retirement (LGR) has committed to cutting the carbon emission intensity of its annuity book by half by 2030, while the overall group targets a net-zero portfolio by 2050.
More than £1.75bn has been wiped from the pension funds of councils across the UK after three years of crashing oil investments, research shows.