The Pensions Regulator (TPR) has warned schemes that making future changes to benefits or structures could cause them to become subject to its master trust regime.
Although schemes may not currently meet the definition of ‘master trust' in law, seemingly innocent changes to the benefit structure could mean they suddenly have new obligations and requirements. Such...
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.