New FCA data shows pensions savers have missed out on an estimated £3bn since the introduction of pension freedom rules, by failing to take up guaranteed annuities. This data suggests that nearly...
The report says there are issues with the transparency of costs and charges in contract-based and master trust schemes, particularly where there is a commercial link between asset manager and provider. It says...
New ONS figures show that since 2012, and the start of auto-enrolment, an additional 9.8m people have been enrolled into workplace pension schemes. However over this period, contribution levels of have fallen...
Hill will join the regulator in November. She is currently director of market intelligence, data and analysis at the FCA. In her new role Hill will be responsible for implementing TPR’s tougher...
Pensions minister Guy Opperman MP told the House of Commons yesterday that collective DC offers ‘interesting new possibilities’ that could transform the pensions landscape to the benefit of consumers. Supporters of collective...
The provider is calling on asset managers to work with it to develop innovative new ways to bring private credit investment to DC savers at an affordable price. Nest says the traditional...
Experts are warning that high valuations, reflected in low dividend yields, and unencouraging prospects for global growth mean caution is needed. Schroders points out that three-month US Treasury bonds are currently yielding...
The report, which examines the investment strategy and performance of nine major defaults, found the offerings of Royal London, Standard Life, Fidelity, Aviva and Legal & General were generally more diversified than...
Now: Pensions revealed poor performance over three years when compared to the other 24 defaults in the Corporate Adviser Master Trust Defaults report. Its default returned 2.4 per cent annualised in the...
Auto-enrolment defaults lack sophistication in their investment design and this is in large part down to a misguided focus on cost. Employers, consultants and advisers need to switch their focus from cost...
