Wider impact feared of limits on wealthy; Free bus pass age to rise as default retirement age to be scrapped; Public sector to bear costs of tackling deficit; How pensions doubled the national debt
Wider impact feared of limits on wealthy Financial Times High earners are not the only ones who will be feeling the pain of the new restrictions on pension savings. Free bus pass age to rise as default...
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.