The Pensions Management Institute has been granted accredited body status by the Financial Services Authority.
As a result, the PMI will shortly be issuing statements of professional standing on a complimentary basis to all its members who comply with the Retail Distribution Review's professional standards requirements....
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.