Two of M&G's funds have jointly purchased 18 car auction sites across the UK for a total of £240m.
The sites are currently leased to British Car Auctions (BCA) and M&G's purchase will see the continuation of the deal, which expires in 2031. BCA specialises in auctioning second-hand vehicles in a...
As the CMA gathers evidence for its investigation into investment consultants and fiduciary managers, Stephanie Baxter asks if there is a systemic problem in the industry
Universities UK (UUK) has proposed ending future accrual of defined benefit (DB) promises and transferring members to the existing defined contribution (DC) plan.
The bridging pension anomaly faced by the Pension Protection Fund (PPF) will be removed under plans unveiled by the Department for Work and Pensions (DWP).
Zuhair Mohammed has been appointed as a partner at Lane Clark & Peacock (LCP) to expand its investment team.