The Church of England Pensions Board has issued £50m of bonds to purchase additional properties for its clergy retirement housing scheme.
The scheme, named Church's Housing Assistance for the Retired Ministry (CHARM) offers "modest and affordable retirement housing" to members of the clergy. Some £30m of the bonds were placed on 12 April,...
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.