TWO more council pension schemes have joined the Local Authority Pension Fund Forum, taking its membership to 42 funds.
The group of council schemes – which exists to promote the investment interests of local government schemes and maximise their influence as shareholders – said the London Borough of Tower Hamlets Pension...
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.