ABERDEEN Unit Trust Managers has merged three of its UK fixed income funds to create a new global corporate bond fund for institutional investors.
The new open ended investment company, the Aberdeen Corporate Bond fund, has been formed from the £77.3m Corporate Bond plus fund, the £8.8m Corporate Bond fund and £7.5m Aberdeen Gilt Income unit trust....
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.