The Ascot Lloyd Pension Trust has triggered its exit from the master trust market, becoming one of the 44 which have chosen not to apply for authorisation from The Pensions Regulator (TPR).
The master trust said it was leaving the market due to the "increased governance and compliance obligations requiring a level and commitment and resource that is not aligned with the group's broader strategy"....
The £9bn Merseyside Pension Fund (MPF) has pledged £30m of scheme assets to a private direct lending fund designed to support small businesses and the UK economy.
Pension Insurance Corporation (PIC) has so far racked up £5.8bn of buyouts and buy-ins with defined benefit schemes this year, while reinsuring £7bn of longevity risk, it has revealed.
Just over a third of women claim they do not have a pension plan compared to 17% of men, a Willis Owen survey has found.
Incisive Media - the publisher of Professional Pensions - will turn its logo rainbow to show its support and commitment to LGBT+ equality and inclusion.