Pension Insurance Corporation (PIC) has invested £37m in a student accommodation project at the University of Exeter to help match its liabilities and give regular cashflows.
The funds, invested with the University Partnerships Programme (UPP), will be used in the development of 382 new student bedrooms at on-campus student accommodation buildings - Spretonway and Moberly -...
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.