The Pensions Regulator has begun auto-enrolment with a 24% opt out rate for newly enrolled members and an overall take up rate over 98%.
PP can reveal that on the regulator's staging date on 1 October there were 336 workers already in a workplace pension scheme, amounting to more than 90% of workers. The regulator's 21 eligible jobholders...
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.