THE top 100 civil servants have a pension pot worth, on average, £963,000, a new report claims.
The TaxPayers’ Alliance report – The Hundred Club: Whitehall Pensions – said the average bill for each department was almost £7m. The survey of 14 major Whitehall departments found there were 10 senior...
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.