HORNBUCKLE MITCHELL delivered its fifth consecutive year of growth in 2007, latest company figures reveal.
The self-invested personal pension specialist said annual turnover for 2007 was up by 21pc to £8.8m. It said it had seen 30pc growth in takeup of its SIPP product and now had more than 9000 in place....
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.