Trustees should focus on getting good education rather than simply amassing qualifications in order to strengthen their scheme governance, according to River & Mercantile.
While formal qualifications are a useful benchmarking tool for trustee knowledge, these need to be backed by high standards of education, and providers need to be wary of this and up their game, the asset...
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.