The Pension Protection fund (PPF) has announced it has appointed six firms and removed 17 firms from its legal panel after a six-month procurement process.
Gowling WLG, DWF, Herbert Smith Freehills, Hogan Lovells, Mayer Brown and Osborne Clarke have been selected to provide advice across multiple disciplines. The contracts will commence in February. Gowling...
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.