Claims trustees are wasting money by paying for regular covenant assessments have been dismissed by a leading consultant and author of a government report.
In last week’s Professional Pensions, Linklaters partner and former Association of Pensions Lawyers chairman Tim Cox said trustees were being encouraged to hire advisers and accountants to assess sponsors...
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.