Smith & Williamson has appointed Goddard Perry to provide actuarial and third-party administration services to its two defined benefit (DB) schemes.
The schemes have 150 members and around £35m in assets, and will be supplied with an automated technology driven "straight through" service. The service will provide the scheme with real-time data on...
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.