Just one in two people in the UK plan to fund their retirement through a pension, research shows.
Nearly half (49%) of respondents to an online YouGov poll said they planned to use a workplace or private pension as retirement income - with a staggering 8% set to rely on winning the lottery to get them...
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.