URS has appointed Buck Consultants to provide its defined benefit pension scheme with advisory and investment consulting services.
The engineering and environmental consultant said it had chosen Buck because of the quality of its team. URS European finance director Andrew Elliott-Frey said: "Buck Consultants demonstrated a clear...
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.