An agreement has been reached between Universities UK (UUK) and the University and College Union (UCU) to more talks in an attempt to end strike action over controversial pensions changes.
In a meeting on 27 February, UCU said it listed a set of proposals it believed could resolve the dispute currently disrupting 61 universities. Commenting on the latest meeting in the year-long series...
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.