The Universities Superannuation Scheme's subsidiary USS Axle Pty has acquired Brisbane Airtrain for A$100m (£75.9m).
In a transaction in December, handled by USS Investment Management, USS Axle Pty acquired the entire issued share capital of Airtrain Holdings, the parent company of Brisbane Airtrain. Adviser C2P Limited...
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.