The rise in automatic enrolment (AE) contributions could lead to a 30% increase in members' pension pots, an Aviva analysis has found.
As it stands, minimum contributions are at 2%, but this will increase to a total of 5% in April this year, and 8% in 2019. The study was conducted in February, and calculations were based on a hypothetical...
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.