The National Employment Savings Trust (NEST) has added two emerging market alternative index funds to the seven "building blocks" of its default target date fund.
The two new mandates have gone to HSBC's Global Investment Funds Economic Scale Index GEM Equity Fund and The Northern Trust's Emerging Markets Custom ESG Equity Index Fund. The HSBC fund weights companies...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.