Trustees have been warned of a lack of regulation surrounding new rules to allow pension members to access their defined contribution (DC) pots directly.
The draft Taxation of Pensions Bill published earlier this month introduced the uncrystallised funds pension lump sum (UFPLS) option as part of the Budget flexibilities (PP Online, 7 August). Under...
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.