Sainsbury left reeling after Qatar backs out; Risk of not getting it all back; Tory pensions challenge dismays industry; Norwich Union to return £40m
Sainsbury left reeling after Qatar backs out Financial Times (FTp19) Sainsbury’s shares were left reeling yesterday as the Qatar backed investment fund Delta Two dropped its £10.6bn indicative offer...
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.