Pension Insurance Corporation (PIC) has increased its allocated funds to social housing by purchasing £72m of bonds from Salford City Council.
The bonds back a private finance initiative (PFI) to fund the New Pendleton Social Housing project. This will see 1,270 homes be refurbished in the Salford area and maintained for 30 years. PIC was the...
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
British Airways and the trustees of one of its pension schemes are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.