Pension Insurance Corporation (PIC) has named Dominic Veney as chief actuary and appointed him to its senior management team.
Veney, who joined earlier this month from PwC, takes over from Jim Collins who had been in the role since 2010 and remains at the firm advising on various projects. He will be responsible for leading...
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.