Schemes that have bought out member benefits to Pension Protection Fund levels are still being forced to pay the lifeboat's levy despite posing it no threat, a lawyer says.
Eversheds senior associate Claire Carroll told PP several of her bought out clients still have to pay the risk-based levy because waiver regulations are being interpreted too strictly. The law firm...
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.