CORPORATE bond markets weakened during the second quarter but scheme demand remains high, Mellon Global Alternative Investments says.
Latest figures show bond markets followed the lead of equities as high yield bond credit spreads tightened to about 2.28pc before eventually ending the quarter at 3.35pc. Investment grade bond credit spreads...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.