Schroders has become one of the largest asset managers to sign up to the Local Government Pension Scheme's (LGPS) code of transparency.
Schroders, which manages some £11.2 billion of UK pension fund assets on behalf of 47 local authorities as at 31 March 2017, joined the list in December. The voluntary code was launched in May 2017...
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.