The £60bn Universities Superannuation Scheme (USS) has made a follow-on investment in Yorkshire Water inflation-linked notes, backed by inflation swap cash flows, to secure long-term returns.
This is its second such transaction, with the first being in June 2015, where USS made a £150m investment in a series of long-term, super-senior retail price index-linked cashflows, backed by Yorkshire...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point