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...
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.