The majority of employees have "unrealistic plans" to survive financially should they find themselves long-term sick, Group Risk Development (Grid) has warned.
According to findings from Grid, 41% of employees expected to rely on savings if forced out of work due to illness or injury, yet figures from the Office for National Statistics (ONS) put the average household...
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.