UK - Watson Wyatt has set up a website to collect the views of employers and pension schemes on the government's pension reform proposals.
The site – www.watsonwyatt.com/gpq – is structured as a questionnaire to allow visitors to post their reactions to the Green Paper and the Inland Revenue’s tax simplification proposals.
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.