Delaying an increase in the amount of money certain members receive from the Pension Protection Fund (PPF) is a huge injustice according to Ros Altmann.
The former pensions minister criticised the decision by the Department for Work and Pensions (DWP) not to increase the PPF compensation cap which adversely effects a minority of members. In 2014, Parliament...
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.