The Pensions Regulator (TPR) has shut down a group of five pension liberation schemes that had taken more than £134m from over 1,400 people.
The watchdog launched a case against the five linked schemes in the High Court in July 2013 over concerns they were set up to provide a cash payment rather than retirement benefits. The schemes were...
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.