Royal London Asset Management has launched a cash fund targeted at pension scheme investors in a bid to carve out risk-adjusted returns from the low deposit rate environment.
The prolonged stagnation of interest rates at record low levels has led to low levels of deposits, driving pension fund demand for access to more fungible assets. The RLAM fund called the Royal London...
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.
The lifetime allowance will rise to £1,054,800 from April next year as the Office for National Statistics (ONS) recorded inflation at 2.4% in the year to September.
The national procurement frameworks for the Local Government Pension Scheme (LGPS) has been expanded to include member data services.