The government's Equitable Life Payments Scheme (ELPS) has now issued over £990.5m worth of payments.
Since July 2014, the scheme has issued payments to a further 10,000 policy holders, meaning that out of a million eligible policyholders, over 887,000 have now had payments issued to them. Out of these,...
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.