In Depth

In depth: Illiquids in DC

UK defined benefit funds have long been allocating to what is broadly termed ‘alternative’ assets. According to the Pension Protection Fund’s Purple Book, UK private sector DB funds invested on average 15 per cent of...

gap

Mind the guidance gap

Before freedom and choice, the workplace pensions landscape was considerably more predictable than it is today. Employers who offered a defined benefit arrangement would pay their employees a scheme pension on their retirement....

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