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TPR: Possible new DB offering for DC savers needs careful thought

The Pensions Regulator (TPR) has “sounded a note of caution” over possible new defined benefit (DB) offerings for defined contribution (DC) scheme members.

Pension Superfund Capital agrees acquisition of STM Group

Pension Superfund Capital (PSF Capital) has acquired international pensions firm STM Group for £35.6m via Jambo SRC (Bidco), with the cash consideration valued at 60 pence per share.

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