PRUDENCE is paying dividends for private sector schemes. Deficits have tumbled in the past year and Aon Consulting recently forecast that the majority of UK company pension schemes could be in surplus within just three years. And even though that prediction might seem optimistic, given that FTSE100 companies could be underestimating shortfalls by up to £60bn because future improvements in longevity are being underestimated, no one doubts the trend is in the right direction.
Contrast this with the public sector where the pensions shortfall is spiralling out of control. The government’s own figures – contained in its obscure Public Expenditure Statistical Analyses 2007 report...
Aon head of DC investment advisory Chris Inman explores the many uses of illiquid assets in pension portfolios.
This week's edition of Professional Pensions is out now.
NEST will work with RepRisk and Sustainalytics to identify emerging ESG risks and screen out certain assets from its members' portfolios, the master trust has announced.
PP's Pension Prophets panel - Roger Mattingly, Robin Ellison, Jennie Kreser and Malcolm McLean - will be speaking at PBUK on 25 June. Jonathan Stapleton asks them what's on their mind ahead of the event.