Many workers who delay taking their company pension are missing out on increases to their state pension because of administrative failings, warn legal experts.
Members of contracted out schemes who joined before April 1997 are entitled to a late payment increment on the guaranteed minimum pension (GMP) part of their occupational pension when they delay retirement....
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.