UK pension scheme assets under fiduciary management have reached £40bn, a study of the burgeoning industry reveals.
The report, by KPMG, shows there are over 200 pension scheme fiduciary management mandates, accounting for 4% of all industry assets under management, reflecting a "more mature growth phase" for the service....
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).
The vast majority of JLT Employee Benefits' clients have moved to the new equalised basis since the consultancy enabled pension schemes to calculate transfer values to allow for guaranteed minimum pension (GMP) equalisation.
Investors, driven by depressed interest rates, slower global economic growth and rich equity market valuations are examining non-traditional investment opportunities.