Columbia Threadneedle has joined Henderson, M&G, Standard Life Investments and Aviva Investors in suspending trading on its £1.4bn UK Property fund and feeder fund, amid a post-Brexit rush to exit the asset class.
The company said it has "not been immune" to the recent trend of retail outflows from the sector although these requests have been met from the cash balance retained within the Threadneedle PAIF so far....
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
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