BSS is suing Aon Consulting over claims it overestimated the firm's defined benefit scheme net deficit by almost £17m.
The plumbing supplies company accused Aon - which provided actuarial services to the firm at the time - of failing to contact Deloitte in order to obtain accurate scheme liabilities figures. It said...
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.