Members of the Work and Pensions Committee (WPC) have been urged to set up a broad inquiry into hidden costs and charges faced by pension schemes.
In a petition sent to the MPs, the Transparency Task Force (TTF) argued current transparency proposals will not provide an adequate solution, and that an inquiry would pull together industry-wide efforts...
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.