The Debt Management Office has "no plans" to issue mortality bonds to help kick-start a planned market in longevity risk.
A spokesman for the agency that issues debt for the government told Professional Pensions that while it did not rule out issuing mortality bonds in the future, such a launch was not currently planned or...
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.