The government has set out eight potential approaches to remove the restrictions currently imposed upon the National Employment Savings Trust.
These include the complete removal of annual contribution limits and transfer restrictions at the end of staging in February 2018, and the freedom to move pension pots into and out of NEST. However,...
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.