M&G Investments has agreed to fund the construction of 233 social, affordable and private rental homes in London, as part of its property fund.
The deal sees M&G fund the development of the properties with Poplar Housing and Regeneration Community Association (HARCA) taking on a 30-year lease agreement once complete. After 30 years, the private...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.