The net new issuance of sterling corporate bonds is set to reach a "woeful" £7bn for 2015, according to JP Morgan Asset Management (JPMAM).
But issuance of US corporates bonds was expected to be 25 times greater than sterling, making it a potentially attractive investment for UK schemes, JPMAM managing director Rupert Brindley said. Figures...
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.