Associated British Foods has added a First Quadrant risk parity fund as an alternative option for members in its defined contribution scheme.
The ABF scheme has more than 8,000 members and around £110m in assets under management. It is administered on the Axa Wealth platform. The firm, which is famous for brands such as Twinings, Silver Spoon...
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.