Former shadow pensions minister Gregg McClymont has been hired as director of policy and external affairs at B&CE - the provider of The People's Pension.
McClymont - who was shadow minister of state for pensions from 2011 to 2015 - will start work at the end of the month. He joins from Aberdeen Asset Management where he was head of retirement savings for...
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.