Richard Favier says extending the 12-month period would result in a lot of companies seeking to pass their pension debts to the PPF
I have heard a lot of people say the law needs to be changed so that a Regulated Apportionment Agreement (RAA) can be approved even though a company is not expected to go bust within the next 12 months....
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.