Research carried out by PP has found that defined contribution (DC) trustees think communicating the Budget flexibilities to members is their biggest challenge next year.
This topped the list of concerns for respondents to this week's Pensions Buzz. One pundit said: "Communicating Budget flexibilities has to be the major challenge facing DC trustees. They have to start...
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.