UK - Equity markets will outperform bonds in the medium-term now that fears of global deflation are receding, Standard Life Investments claims.
Chief investment officer Keith Skeoch said: “While we expect globalisation trends to keep downward pressures on the price of many consumer goods, the likelihood of global deflation is very low.”
The People's Pension, Atlas Master Trust and The Cheviot Trust have been granted authorisation from The Pensions Regulator (TPR), taking the total number of authorised master trusts to 18.
Pension schemes have been warned they may now face a more challenging legal test if they wish to fix drafting errors.
The Greene King Pension Scheme has appointed XPS Pensions as its actuarial and investment adviser following a competitive tender process.
Professional Pensions has compiled a list charting the progress of master trust authorisation. View our list in full here...