Renold Pension Scheme has fully de-risked around a quarter of its UK liabilities on a medically underwritten basis just months after entering a similar transaction.
Announced today, the move to insure another £27m of liabilities means that around half of the scheme's current UK liabilities are now fully de-risked. The international supplier of industrial chains...
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.