Civil servants poised to form mutual; Watchdog questions pension scheme liabilities; Company pensions need £500bn to pay out in full
Civil servants poised to form mutual Financial Times Ministers are poised to launch one of the biggest experiments in public sector reform when they convert part of the work and pensions department...
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.