Union officials are pressing ministers to clarify ill-health benefits in the new Local Government Pension Scheme ahead of its introduction.
The GMB union said the department for communities and local government had changed its position between the draft and final benefit regulations and claims members aged under 45 could be at risk of receiving...
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.