The Financial Times has reported concerns about pensions invested by Rothesay Life in the ground rent portfolio of Vincent Tchenguiz. Rothesay Life has loans of some £1.7bn to the Tchenguiz interests, which are secured against ground rents that are paid annually by residential leaseholders. UK regulator under fire over £12bn annuity deal The UK’s Prudential … Continue reading Would you want your former Prudential pension invested in Tchenguiz ground rents by Rothesay Life? FT reports concerns
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