The National Employment Savings Trust (NEST) is to invest in emerging market (EM) debt for the first time through a mandate awarded to Amundi Asset Management.
The master trust, which believes the asset class is becoming undervalued, will eventually look to have an EM debt position within a range of 0-10%. The mandate will be added to the existing ‘building...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.