2009 seems to have been a long year in the world of pensions - and a year many will, no doubt, be glad is over.
Not only did schemes have to deal with the aftermath of the collapse of Lehmans and a global recession, they also had to cope with significant falls in scheme funding and a decline in the ability of sponsoring...
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.