Pension Insurance Corporation has invested £60m in long-dated, senior secured debt issued by Yarlington Social Housing Group.
The insurer said it the majority of funds it has provided will be used to finance new housing for Yarlington, which is a regulated housing association with over 10,000 properties across Somerset, Devon...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.