Pension funds' self-sufficiency strategies are failing to get the right balance, Aon Hewitt has warned.
Previously, the consultancy's Global Pension Risk Survey 2013 found 64% of schemes had a long-term strategy for self-sufficiency, with one in five looking to complete buyouts (PP Online, 19 March 2013)....
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.