Rothesay Life has refinanced £100m of debt with MassMutual, a US mutual life insurer.
The insurance company said the investment would take the form of perpetual subordinated debt, and confirmed the strength of its business model. The investment replaces existing debt and Rothesay said...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.