TRUSTEES of the £3bn Telent pension fund were "unaware" of the £400m takeover of its sponsoring firm by a subsidiary of Guernsey-based Pension Corporation.
In a letter to the 60,000 members of the scheme chairman of the trustees Chris Holden said the trustees were not told of the offer by the buyout firm’s subsidiary – Co-Investment No.5 LP Incorporated (CILP)...
Newton Investment Management's series of DC columns continues with Gerald D Rehn of BNY Mellon forecasting innovation in the market
Pension Insurance Corporation (PIC) has agreed to a 30 year debt investment in Phoenix Community Housing, a not-for-profit, resident-led housing association in London.
Royal London has announced plans to allow customers with guaranteed annuity rates (GARs) to convert their guarantees into a top-up for their pension pot, subject to High Court approval.
The Salvus Master Trust will welcome another 1,200 members and 20 employers as it absorbs the £7m Complete Master Trust.