The government's white paper on defined benefit (DB) security and sustainability has been delayed until spring, it has confirmed.
The announcement was made by pensions and financial inclusion minister Guy Opperman in parliament on 11 January during a debate on the beleaguered Plumbing and Mechanical Services (UK) Industry Pension...
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.