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...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.