Investors benefitted from a 15.2% return on UK commercial property last year driven by solid performance from central London office space, according to the IPD UK Quarterly Property Index.
The annual total return was comprised of 8.3% capital growth and a 6.4% income return. Last year’s Q4 delivered a 2.8% total return, the product of a 1.3% capital growth and a 1.5% income return. Underlying...
Former home secretary Amber Rudd is to return to the cabinet as work and pensions secretary after the resignation of Esther McVey.
This week's top stories included proposed draft regulations in a no-deal Brexit which would make scheme investments illegal, and Esther McVey's resignation as secretary of state.
There have been a total of 15 ministers responsible for pensions since 1997. Here is the list in full.