Radically reforming the pensions tax relief system could disincentivise saving, according to a report by the International Longevity Centre - UK (ILC-UK) and Age UK.
The Future of Private Pension Saving report argued that switching to a pension ISA system where tax was paid upfront and income in retirement is received tax-free - known as taxed-exempt-exempt (TEE) system...
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.