The majority of defined contribution (DC) pension schemes will revamp their default strategies within 18 months, according to research.
The survey from SEI found 80% of trust-based schemes and 66% of other DC plans were looking to redesign their defaults before the end of 2015. Despite pressure on schemes to review their defaults for...
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.