A majority of chief financial officers (CFOs) believe they need to spend more time working on their defined benefit (DB) schemes, latest research by Hymans Robertson reveals.
In a survey of 51 CFOs, conducted by YouGov, 59% said they need to have a greater involvement in the running of their DB schemes. 67% believe trustees are currently doing a good job at running the scheme....
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.