PATERNOSTER is exploring deals with six £500m schemes and a seventh pension fund with more than £1bn of assets, chief executive Mark Wood says.
The schemes are among 100 company pension funds with combined assets of more than £10bn currently in discussions with the buyout specialist. To date Paternoster’s business has come from smaller pension...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.