Trustees can scupper private equity deals by being "recklessly prudent" over scheme funding, PricewaterhouseCoopers Legal warns.
But the financial services giant’s legal arm said while these demands “exercised influence in the market” only a fraction of trustee boards had the power to insist on full funding at the time of a deal....
Here are key takeaways from our 2019 Asset Allocation Outlook on how we are positioning asset allocation portfolios in light of our outlook for the global economy and markets.
This week's top stories included a Freedom of Information request revealing more than 100,000 savers could face six-figure tax bills as a result of GMP equalisation.
The Pearson Pension Plan has entered into a £500m pensioner buy-in with Legal & General (L&G) in the insurer's first deal of 2019.