Independent trustees running the Telent Pension Scheme and a US-based government workers fund have seeded a subordinated debt fund managed by Cairn Capital with £39m.
Pension Corporation co-head of business origination David Collinson talks through the barriers to completing a buyout and how schemes can overcome them.
Professional Pensions assembled a panel of three industry experts to talk about the key issues in pensions ahead of the PP Show and how to reinvigorate occupational provision.
Even full implementation of Lord Hutton's proposals to overhaul public sector pensions would not create a sustainable pension system, a Centre for Policy Studies report finds.
UK - Trustees of the ITB closed pension fund have entered into a £152.7m ($248.7m) buy-in agreement with Pension Insurance Corporation covering 1,662 members.
Trustees of the ITB closed pension fund have entered into a £152.7m buy-in agreement with Pension Insurance Corporation covering 1,662 members.
The Nova Chemicals UK Pension Plan has agreed a £30m buyout with Pension Corporation covering the liabilities of its 155 members.
UK - Some 73% of occupational pension trustees plan to reduce their allocation to equities over the next year, a Pension Corporation survey reveals.
Some 73% of occupational pension trustees plan to reduce their allocation to equities over the next year, a Pension Corporation survey reveals.