UK - The National Consumer Council has urged the Government to listen carefully to any debate sparked by the upcoming Green Paper on pensions.
The council is also concerned about the possibility of being given bad or incorrect advice about their pension.
NCC director Anna Bradley said: “It is vital we deal with the interaction between state and private provision.”
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.