The Department for Work and Pensions (DWP) says its auto-enrolment policy is proving successful, with almost three quarters of the population aware of the flagship programme.
An Ipsos MORI poll commissioned by the DWP also found a clear majority in favour of the policy, with 78% of employees believing employers' legal obligation to enrol workers automatically in workplace pensions...
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.