Charges cut pension income by a third; Younger workers to retire with company pensions worth just a third of those paid to their parents; Simon Read: Who says that ethical pension funds don't pay?; Councils told to stub out big tobacco pension deals; QCA: encourage pension funds to back small caps; 400,000 to miss out on tax rebate
Charges cut pension income by a third Financial Times Savers are losing nearly a third of their potential retirement income to charges, according to a new survey. Younger workers to retire with company...
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.