Banks cut hedge fund lending; Credit Suisse slumps to £1bn loss as crisis hits
Banks cut hedge fund lending Financial Times Banks have dramatically cut back the amount of money they are willing to lend to hedge funds, forcing some funds to cut leverage by up to half. The move...
Canada Life has signed a £351m bulk annuity contract insuring the pensioner liabilities of 2,510 members and dependents in the AA UK Pension Scheme.
In this week's Pensions Buzz, we want to know if you believe there is ever a case for combining retirement savings products with other savings products, and if the PPF levy for sponsorless schemes is appropriate for DB consolidators.
The Insolvency Service has disqualified four directors of trustee firms from running companies for a total of 34 years following an investigation.