TwentyFour Asset Management and Numis Securities are launching a listed bond fund to raise between £100m and £200m.
TwentyFour said it aims to deliver an attractive yield as well as a net total return of 7-10% per annum from a portfolio of asset backed, floating rate bonds. Fund raising will close on 8 February and...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.