The West Midlands Pension Fund has bought a supermarket for £36.5m through its property manager, ING Real Estate.
The WMPF bought the supermarket investment at Great Barr, Birmingham from a subsidiary of Land Securities - reflecting an initial yield of 6.13%. The property is let to Asda Stores until 2038 at a current...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.