SEI swoops for Vanguard DC chief
SEI is appointed former Vanguard defined contribution head Steve Charlton as DC managing director (EMEA & Asia). Charlton leaves his former role at Vanguard where he was European DC proposition manager, and...
DC
PPI: Why pooling, alternatives, fiduciary management and higher charges could boost DC returns
Pooling DC assets, improving scheme governance, greater use of fiduciary management and increasing exposure to alternatives could boost pension pots by up to 62 per cent, a report by the Pension Policy...
Punter Southall brings in former Mercer DC consultant as associate director
Punter Southall Aspire is bringing in former Mercer DC consultant Sarah Culver to the role of associate director in the firm’s defined contribution business. Culver was most recently at Mercer, and was...
TPR probes ‘sub-scale’ DC schemes over member costs
The Pensions Regulator (TPR) has launched a probe into whether trustees of small and micro schemes are paying enough attention to the costs and charges paid by members. TPR has launched the...
Five-day Origo bulk DC transfer between Standard and Widows completes
The first automated transfers between occupational DC schemes through Origo's new fasttrack system has taken place, moving 305 members between Standard Life and Scottish Widows in around five days. Origo says the...
New DC charge transparency rules unveiled
Workplace DC pension schemes and FCA-regulated entities they contract with will be required to give detailed information on transaction costs from the beginning of next year, under new rules published today. An...
Schroders launches new approach to DC equity
Schroders is launching a new equity fund for DC pension schemes that aims to outperform passives with a multi-factor approach designed to minimise the chance of underperforming them. The Global Multi-Factor Equity...
Standard/Widows merger ‘would create UK’s biggest DC player’
The rumoured merger of Standard Life and Scottish Widows would create the biggest DC pension provider in the UK with over £70bn of assets under management, says research consultancy Platforum. Media speculation...
Fifteen-fold surge in big DB to DC transfers post pension freedoms
DB to DC transfer activity has increased fifteen-fold where big pots are involved since pension freedoms took effect in 2015, while a third of retirees will take transfers if given advice and...
New global head of DC for State Street
Dave Ireland, one of the architects of State Street Global Adviser’s target date funds is returning to company as its new global head of defined contribution. Ireland leaves Wellington Management to join...
