The Financial Conduct Authority (FCA) wants to introduce investment "pathways" for drawdown retirees to make sure people are obtaining value for money.
The regulator's Retirement Outcomes Review, released today (28 May), found 60% of non-advised consumers in drawdown were unsure where their money was invested. It also found one-third of consumers were...
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.