Pension deficits of UK companies have risen by £107bn since March 2014, according to research.
JLT Employee Benefits' monthly report shows total deficits in private sector defined benefit (DB) schemes have ballooned by 66% in the 12 months up to 31 March 2015. Deficits increased from £162bn to...
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.