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Pension funds facing huge losses on property deals

Pension funds facing huge losses on property deals - 1992 - Guardian 17 June 1992, 10(1) .

Examines how a loophole in new investment rules aimed at protecting members of pension funds could affect the funds, due to losses on property deals. Property assets already owned by pension funds are exempted from the 5% self-investment ceiling. Considers this exemption with relation to the Lep Group`s pension fund.

Subjects--Topical Terms:
Investments
PENSION FUNDS
PROPERTY ASSETS
SELF INVESTMENT CEILING

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