Inflation-linked bonds rallied yesterday after the government announced it would cancel £9bn of linkers owned by the Royal Mail Pension Plan following the scheme's nationalisation.
The government is set to take on £28bn of RMPP assets in April, comprising £11bn of gilts of which about 80%, or £9bn, are inflation-linked. The Debt Management Office yesterday said it would look to...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.