So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download
In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download
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Neil Tague
Silverstone Building Consultancy has been appointed as project manager to complete the hotel close to Liverpool Lime Street, which was previously being delivered by collapsed firm Marcus Worthington.
Grade two-listed and delivered to designs by Alfred Waterhouse in the 1870s, the North Western Halls building was used first as a hotel, then offices then student accommodation.
Acquired by Marcus Worthington Properties from Liverpool John Moores University in 2016, the project secured a £20m loan from the Merseyside Pension Fund ahead of a hoped-for completion of autumn 2020.
Radisson is lined up to operate the 201-bedroom hotel under its RED brand.
Sarah Townsend
The developer is building a facility to provide low carbon heat and hot water to up to 9,000 homes and 4m sq ft of commercial space, on a site between Great Howard Street and Sherwood Street.
Liverpool City Council approved the plans from Peel NRE, the energy arm of Peel L&P, yesterday, paving the way for construction to start on site this summer.
The facility is part of the developer’s Mersey Heat district heat network and is expected to save around 4,200 tonnes of carbon for the city per year, mainly through primary use of water source heat pumps and thermal stores to provide heat across the network.
75 Liverpool jobs on the way as renewable energy centre takes shape
Construction is due to start this summer on the Great Howard Street site
The renewable energy centre would be located between Great Howard Street and Sherwood Street. (Image: Peel LP)
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