Lawmakers should not impose an arbitrary cap on the length of scheme recovery plans as this would be counter-productive according to Punter Southall's Joanne Livingstone.
Speaking at a seminar in London on 9 June, the firm's principal and technical director said discussions about recovery plans tend to focus too much on their duration. In a recovery plan the strength...
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.