Pensions minister Ros Altmann should focus on three areas to improve UK schemes over the next five years says Tor Financial managing director David Harris.
These are: the secondary annuities market; price capping; and the volume of information customers receive. Speaking to Professional Pensions, Harris said he worried about the lack of consistency in...
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.