The line up of trustees who will oversee the National Employment Savings Trust has been confirmed by the government.
Current acting chairman Jeannie Drake has been appointed as deputy chairman of NEST Corporation. Other members of the board are: Tom Boardman; Laurie Edmans; Dianne Hayter; Chris Hitchen; Julius Pursaill;...
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.