Contractors are being treated unfairly over charges they face for being part of the Local Government Pension Scheme, Lane Clark & Peacock warns.
The consultancy firm said contractors with admitted body status – which allows them to participate in the LGPS – were being hit with large unexpected invoices at the end of their contracts or substantial...
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.