Defined benefit trustees believe managing investment risk will present them with the biggest challenge next year, according to PP research.
This topped the list, ahead of funding negotiations with employers and dealing with the end of contracting out. "Uncertain outlook for world economy is the most significant challenge," said one contributor....
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.