Invesco

Tax relief changes, DWP terminal illness definition, hybrid asset ownership model, AI adoption

Report says larger scheme advantages ‘depend on having the right foundations in place’

Move comes in a shift from a passive to an active approach in bid to deliver higher returns

£4.6bn buy-in deal, Barnett Waddingham full-year accounts, People’s Pension appoints Invesco

Believed to be first time a UK master trust has made a strategic allocation to CLO investments

Strategy will allocate between 20% to 25% of default fund assets to global private markets

Master trust’s appointments set to come into effect at end of Q1 2025

Gap could see savers miss out on knowledge required to make retirement decisions

With high inflation continuing to weigh on global markets, investors are increasingly considering real estate debt as a source of resilient income.

With only 5% of investable real estate found in the UK, is it time investors looked abroad as they would with equities and bonds?