Britain’s company pension schemes, grappling with ageing former employees and low investment returns, may start to transfer their assets into new so-called superfunds in the coming weeks, according to people involved in the process.

Dublin: IFG Group is moving at a slower pace “than we would have expected” in reviewing takeover approaches, according to Edmund Truell, the main investor in Fiordland Investment, one of two potential bidders for the company.

The UK’s biggest off-licence business changed hands today after being sold to a team of private equity investors.