University staff will stage a national strike today over plans to change final salary arrangements for the Universities Superannuation Scheme to career average.
Members of the University and College Union will walk out at 63 institutions across the country over plans to end the arrangements, which the union says it wants to negotiate with employers on further....
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.