Phoenix in talks to raise more than £1bn to bolster its pensions buyout business
FTSE 100 group confirms it has held discussions with potential partners over pension-risk transfer unit fundraising
FTSE 100 group confirms it has held discussions with potential partners over pension-risk transfer unit fundraising

UK pension group says all talks are in early stages and there is no certainty of an agreement

Industry regulator has written to 58 schemes to warn about their exposure to hard-to-sell investments

Value of assets offloaded by UK groups fell to three-year low last year, just as US private capital firms pile in

Prolonged downturn in dealmaking has meant fewer opportunities and squeeze on pay

Push to widen access comes with high fees, average returns and ‘ample dollops of additional risk’, says Olympus Partners founder

Consolidation of funds makes evident sense, bringing economies of scale and scope