The National Employment Savings Trust (NEST) is planning to add single-year maturity gilt funds to the ‘building block' funds it uses in its default retirement date funds.
The master trust hopes this will improve returns relative to cash for members at the beginning and towards the end of their time saving in the scheme. The funds will be used in the scheme's foundation...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.