The Pensions Regulator has been urged to publish detailed case studies on scheme abandonment amid growing concern its intervention is cheaper for trustees than challenging sponsors.
The Society of Pensions Consultants said it was concerned many trustees who suspected employers were planning to abandon a scheme are going straight to the regulator rather than approaching the employer...
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.