One-third of defined contribution schemes changed their investment strategies in the past year, Towers Watson's annual FTSE 100 DC survey reveals.
The consultant's poll found there was a clear preference towards smaller fund ranges, especially amongst contract-based schemes, and increased use of more specialist investment funds. It said over a...
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.