A worrying number of defined benefit (DB) scheme sponsors appear under-prepared for the end of contracting out says Hymans Robertson.
Findings from a webinar held on 18 May by Hymans Robertson and Sackers revealed 27% of attendees were yet to take action on contracting out. Of the remainder, around half said they were at the planning...
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.