The value of expressions of interest in the new 55-year gilt launched by the Debt Management Office (DMO) reached £12.8bn within the first hour of trading.
Launched on 25 June, when the joint book-runners closed the book, the size of the deal was nominally £5bn and priced at 3.5 basis points above the yield on the 4% Treasury gilt 2060, a 47-year gilt. ...
This week's Pensions Buzz respondents were mostly in agreement that 10 weeks is an appropriate length of time to conduct a full DB to DC transfer.
In this week's Pensions Buzz, we want to know if you think Guy Opperman will stay in post as pensions and financial inclusion minister under the new prime minister.
The City and County of Swansea Local Government Pension Scheme (LGPS) will swap around a quarter of its assets to a low-carbon fund by the end of the month, it has announced.