The Local Pensions Partnership (LPP) has set up a private equity structure, bringing together the investments of the London Pensions Fund Authority and Lancashire County Pension Fund.
The launch comes as the pool has been in operation for a year after receiving regulatory authorisation last April. The structure pools together the two stakeholder funds' total £1.8bn private equity...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.