Taxpayers could be exposed to substantial losses from government guarantees on infrastructure projects designed to attract investors like pension funds, the National Audit Office warns.
Pension funds have traditionally been wary of investing heavily in infrastructure due to concerns over construction risk, despite the long-term returns from projects. The coalition has offered guarantees...
When J.Whitaker & Sons Final Salary Plan appointed a fiduciary manager they were targeting self-sufficiency. However, strong investment returns and the ability to react quickly to changing market dynamics have led to a different result finds Helen Morrissey.
The Pensions Regulator (TPR) has used its anti-avoidance powers to ensure members of a defined benefit (DB) scheme receive their full benefits.
MPs are to debate the quality of advice given to pensioners that transferred into a defined benefit (DB) scheme set up after part of the UK’s nuclear industry was privatised.
More than £1.5bn was withdrawn from pensions in the third quarter of this year, official statistics have revealed.