Daniel Godfrey's People's Trust has begun its offer period with the intention of raising £125m ahead of its scheduled listing on the London Stock Exchange on 17 October.
A prospectus was published on 7 September announcing the offer period will close on Tuesday 10 October. Shares are priced at 100p. The results of the issue will be published on Thursday 12 October and...
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.