MORE than 40pc of City analysts believe international accounting standard IAS19 underestimates pension liabilities, new figures show.
Pension Capital Strategies’ survey found that 22pc of analysts adjusted company-supplied assumptions to fit their own calculations, while 17pc used their own “in-house” adjusted assumptions on mortality....
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.