The decision to get rid of the default retirement age and allow people to work after the age of 65 if they want to is a noble aim.
As pensions minister Steve Webb said, many older people want to continue working, and have a wealth of skills and experience that are not being used. Getting rid of the default retirement age will indeed...
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.