Property company Quintain has sold a 9% stake in a specialist property fund to a number of pension schemes at a 12% discount to net asset value.
Several pension schemes purchased units in The Quercus Healthcare Property Partnership, which invests in various nursing and care homes and private hospitals in the UK, for a combined £31.3m cash consideration....
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers