Bond allocations for defined benefit (DB) pension schemes in the FTSE 100 have soared from 49% to 59% of total assets in just six years.
JLT Employee Benefits which released the figures said bond allocation rose by £25bn to a record level in the year to 30 September 2015. The average asset allocation to bonds increased from 56% to 59%...
The British Medical Association (BMA) has warned chancellor Philip Hammond to reform the NHS pension scheme rules or doctors will reduce their working hours.
The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.
Action for Children Pension Fund has outsourced its pensions administration to Trafalgar House.