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 directors of collapsed construction giant Carillion were "contemptuous" of funding their defined benefit (DB) pension schemes, and "refused to give an inch", Frank Field has alleged.
The PPF 7800 deficit was slashed in half last month as gilt yields rose. Victoria Ticha asks if this is the start of a longer trend
Frank Field is to warn Sir Philip Green not to sell his Arcadia business without ensuring defined benefit (DB) pensions are adequately protected, PP can confirm.
Some 79% of people would like to see stricter rules and checks to ensure pension pots are secure, according to a survey by the Pensions and Lifetime Savings Association (PLSA).