Scrapping indexation could save defined benefit schemes billions of pounds but it would not see a mass move back to DB provision, experts have warned.
Pensions minister Steve Webb signalled last week the government is considering removing compulsory indexation in an effort to “swing the pendulum” back toward DB. Aon Hewitt principal Lynda Whitney...
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.