GAB Robins UK has entered a regulated apportionment arrangement with the Pension Protection Fund to eliminate its scheme liabilities.
The loss adjustment firm's defined benefit scheme faces a deficit of £83m according to a 2012 actuarial report, up from the projected £25.6m outlined in its 2007 end-of-year accounts. However, rather...
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.