The Charity Finance Directors' Group will hold its annual investment conference on Thursday 23 September at the Museum of London. The keynote speaker at Investing in an Inflationary Environment will be Kate Barker, who this year stepped down from the Bank of England's Monetary Policy Committee, which sets UK interest rates.
The Nationwide Foundation has invested £262,000 in a fund to promote community land trusts, which develop affordable homes for people in their area. The £2m Community Land Trust Fund, which has also been funded by The Tudor Trust, the Esmee Fairbairn Foundation and CAF Venturesome, has been set up to remove barriers to land trust projects, mainly by providing development finance.
The Pensions Trust, the largest provider of multi-employer pension schemes to the charity sector, has said the funding level of its Social Housing Pension Scheme has risen. The defined-benefit scheme was 75.6 per cent-funded on 31 March 2010, up from 69.7 per cent on 30 September 2008. It has a deficit of £619m. The scheme has more than 60,000 members in the social housing sector.
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