THE National Association of Pension Funds has backed the UK government's strategy to issue more long-dated, indexed-linked gilts and has called for a range of distribution methods to be available to help meet pension funds needs.
The NAPF said issuing more long-dated gilts would achieve three objectives. It said the government would obtain access to funding at low rates of interest - lower than those available at shorter durations....
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.