The long-running legal battle over Turner & Newall's employer debt liability to the Pension Protection Fund has been resolved.
The High Court ruled employer debt calculations by the scheme actuary cannot be challenged by insolvency practitioners unless there is evidence of error or fraud. Law firm Dundas & Wilson, which represented...
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.