FOR every £1 a private sector worker contributes to their pension they pay 91p in tax towards a public sector employee's pension, research from the Liberal Democrats reveals.
Staff at private firms are putting aside £14bn annually for their own retirements – while at the same time having to pay £12.8bn in taxes to fund state employees schemes. Lib Dem pensions spokesman...
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.