Round table Pt2: VFM compared to what?
The checklist of factors a consultant or adviser must weigh up when deciding whether a scheme or provider is delivering value for money is a lengthy one. Is cheapest always best? Are...
DC
Steve Bee: The demonisation of DC pensions is wrong
The report from the Office of National Statistics earlier this year showing a further fall in the overall level of pension saving in defined contributions schemes made for depressing reading. It may...
Round table: What the value for money test reveals about workplace pensions
With both The Pensions Regulator (TPR) and Financial Conduct Authority (FCA) turning the heat up on workplace pensions, the issue of value for money has never been higher up the agenda. As...
Annabel Tonry: Why liquid alternatives are now right for DC
In the ever-elusive search for diversification that doesn’t sacrifice liquidity, UK defined contribution plans are increasingly seeking out liquid alternative solutions. With investment costs as a key battle ground, the emphasis for...
Collective DC no silver bullet – PMI survey
Collective DC risks being misunderstood and is not a solution to the problem of stressed DB schemes, but its introduction could improve standards of workplace pension provision, a survey of Pensions Management...
DC governance working group set up by PASA
Smart Pensions head of operations Michael Watkins has been named as the chair of Pensions Administration Standards Association’s (PASA), newly formed DC Governance Working Group. The independent pensions administration body has today...
Barnett Waddingham hires Mercer DC principal
Barnett Waddingham is appointing former Mercer principal Andy Parker to a national role in its workplace health and wealth team. Parker joins as a national DC consultant after 10 years at Mercer...
Exclusive master trust market performance data – Now: Pensions barely beats inflation through bull market
Millions of savers in auto-enrolment default funds are experiencing significantly lower levels of risk-adjusted return because of the wide variance in structure of master trust and life office investment strategies, Corporate Adviser...
CDC back on agenda as Field’s WP committee launches fresh inquiry
The Work and Pensions select committee is launching a new inquiry into defined ambition pension schemes, which were legislated for but not fully implemented in 2015. The inquiry will consider whether collective...
Budget: DC investors could be nudged to LTA-busting start-up option
DC pension providers should be required to offer savers the option to invest in a government-backed investment vehicle, akin to the French ‘Solidarity Investment Fund, and will get tax relief beyond their...
