Legal and General Investment Management has teamed up with PensionsFirst to develop an online monitoring and analytics platform for smaller schemes.
The asset manager said the tool was designed to be used by schemes with limited governance capabilities in conjunction with their investment advisers. LGIM UK core client team head Mark Wybrow said:...
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.