News

F&C has hired Steve Ilott as head of multi strategy investments in its newly-launched Investment and Institutional Business.

The Bank of England has left interest rates unchanged at and signalled its intention to continue with its £325bn programme of quantitative easing.

The Pension Infrastructure Platform is set to bypass construction risk and offer both debt and equity investment portions for UK investors, plan organisers say.

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Balfour Beatty has slashed its pension deficit from £354m to £188m over the last year through a mixture of employer contributions, de-risking and changing actuarial assumptions.

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Low-cost provider B&CE has announced the retirement of chief executive officer Brian Griffiths in September.

Alex Salmond has urged UK pension funds to invest in Scottish infrastructure projects and back greater debt issuance powers for Scottish utility firms.

Alan Brown, the chief investment officer at Schroders, is to step down from the board and from his role at the next AGM.

The Society of Pension Consultants has urged the European Commission to clarify whether all occupational pension schemes are exempt from its ban on gender-based annuity pricing.