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...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.