Four in five members of UK pension schemes do not know how to utilise savings pot for retirement, according to research by MFS Investment Management.
The MFS Global Retirement Income Survey found some 80% of UK defined contribution (DC) participants and 78% of retirees had little to no knowledge of converting retirement savings into monthly income for...
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.