Unscrupulous employers could exploit a number of loopholes to avoid paying contributions to personal accounts, consultants warn.
Hamish Wilson & Co said under rules set out in the Pensions Bill, if a person has more than one job, each is treated separately. This means the qualified earnings threshold of £5000 applies to each salary...
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.