Jessops is set to sell its main operating company to a special purpose vehicle owned by its bank, pension scheme and an employee trust.
The retailer's board of directors said they would sell Jessop Group Limited to a firm owned 47% by HSBC Bank, 33% by the trustees of The Jessop Group Limited Pension and Life Assurance Scheme (1993) and...
LGPS Central has appointed Hermes Equity Ownership Services (EOS) to run engagement and voting services for the investments of its nine local authority funds.
The Universities Superannuation Scheme (USS) is being pressed to ignore advice from a joint expert panel, which would store up problems with "pernicious consequences" for the higher education sector.
Simon Eagle of Willis Towers Watson says that, based on his work for Royal Mail, well-designed collective defined contribution (CDC) funds would be viable for some other UK employers too.
Bhavin Shah continues Newton Investment Management's series of DC columns with a look at how schemes can meet the challenges of providing income in a low interest rate world