As the ten-year anniversary of A-Day approaches, Ian Price looks at the lessons learned
At a glance A-Day ushered in a time of rapid change Such a high rate of change does not help the industry or scheme members A-Day did engage people with their pensions but a lack of stability...
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.