Around the world, institutional investors are increasing allocations to alternative asset classes, especially direct infrastructure, private equity and listed real estate. However, pension funds are restricted from fully joining the trend by governance standards, AMP Capital says.
In a paper entitled the AMP Capital Institutional Investor Report, the firm says a survey of investors managing a total of £1.26trn - 48% of which is for pension funds - shows a net increase in alternative...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.