More than two thirds (69%) of employers do not know the total cost of providing and managing their benefits - meaning more businesses are now in the dark about benefits costs than a decade ago.
According to the research by Staffcare, published in its See The Benefits white paper, this figure has risen by nine percentage points in the ten years since it last surveyed employers on the matter. ...
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.