Rachel Croft has been made a director by Independent Trustees Services (ITS) to lead trustee appointments on behalf of the firm.
She started work on 9 January and reports to managing director Chris Martin. Croft is a qualified solicitor, joins following 17 years at Mercer where she was the UK governance leader for the retirement...
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.