The exact terms of the tax relief for employer funded return to work interventions are still being hammered out between HM Revenue and Customs (HMRC) and the Department for Work and Pensions (DWP).
The relief is due to be introduced at the same time as the new Health and Work Service (HWS) goes live - expected to be in October. It was originally announced to go alongside interventions recommended...
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.