Pension schemes have flooded £250m into long dated affordable housing bonds in a further sign of scheme appetite for local housing initiatives.
The issue of the 2044 dated bonds by one of the UK's largest affordable housing providers, Circle, was three time over-subscribed, with the vast majority of the 29 investors who placed an order from the...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter