The industry has to be more flexible to make defined benefit (DB) schemes more sustainable during this time of economic uncertainty says Ros Altmann.
Speaking to PP, the pensions minister shared her concerns about how the mounting burden of DB liabilities could undermine the health of companies. She said: "We do not want to weaken businesses by diverting...
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.