The Chancellor has gone ahead with plans to introduce a scheme to help lower paid people to save, amid concerns it could disincentivise pensions savings.
The Help to Save scheme announced in today's Budget will work by providing a 50% government bonus on up to £50 of monthly savings, benefiting up to 3.5 million people. Former pensions minister, Royal...
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.