Former pensions minister Sir Steve Webb and former shadow pensions minister Gregg McClymont have been appointed to the Pensions and Lifetime Savings Association's (PLSA) Pension Quality Mark (PQM) board.
The pair will sit as non-executive directors from 28 February, joining Institute for Corporate Responsibility and Sustainability founder Karen McArthur, who was appointed in December. The PQM, which...
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.