THE TOP 200 UK pension scheme have reported an aggregate surplus for the first time since accounting standard FRS17 was introduced in June 2001, latest research by Aon Consulting reveals.
The consulting firm said that the landmark moment was reached at 3:25pm last Friday – and marked an improvement of more than £50bn in net accounting valuations in two months. However it said there had...
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.