The biggest stories on PP this week involved controversy over the LGPS, an overhaul at Santander's scheme, a new chief exec at TPR, and a PPF sell off. Here are the top five.
1. Investment consultant advice loses LGPS £6.2bn in ten years Local Government Pension Schemes would have been better off if they had left their portfolios untouched for the last decade instead of...
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.