The Alberta Investment Management Corp., which manages C$70bn in assets for Alberta pensions and other institutions, is in negotiations to take over UK-based buy out firm Candover.
In a statement yesterday, Candover said an offer price would not exceed the company's last reported net asset value per share of £10.38. Candover did not name the potential buyer, but a source familiar...
The Centre for Social Justice is calling for the state pension age to be raised to 70 by 2028 and to 75 by 2035, a much faster rise than currently planned.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
Jonathan Stapleton speaks to Punter Southall Governance Services director of outsourced pension services Clare Owen about the firm's latest reseach into the effectiveness of trustee boards.