Corporate advisers examining asset allocations for defined contribution pension schemes have historically found their choice severely restricted when considering allocating to illiquid assets. The Financial Conduct Authority’s conduct of business rulebook discouraged underlying...
All-out growth or volatility control? When it comes to savers with decades to retirement it is surely one of the greatest questions those charged with managing defaults face. Of the more than 30 default funds reflected in...
A Government-led climate change report, urging the UK to target ‘net zero’ carbon emissions by 2050, is asking investors to challenge their pension fund providers to ensure they support low carbon industries....
The cost to the government of pensions tax relief was £38.4bn in the 2017/18 tax year, according to latest figures published by HMRC. This figure was £1bn higher than the previous tax...
Latest HMRC figures show that more than half a million people withdrew money from their pension fund last year - the highest number since pension freedom rules were introduced. According to HMRC 539,000...
Auto-enrolment has certainly been successful in boosting contribution levels. Opt-out rates remain low, despite stepped contribution increases, and there are now more than 10m people enrolled in workplace pensions, many of whom...
Environmental, social or governance (ESG) factors have shot up the agenda in the DC pensions sector, driven by regulatory action, political momentum and asset manager product development. But confusion remains over what...
When last year’s Autumn Budget outlined plans to open up patient capital investments for defined contribution (DC) pensions, the reaction from the wider industry was broadly positive but cautious. Some felt the...
Master trusts have been dominating the headlines, positioning themselves as the easy choice for employers. But are the positive features of GPPs being overlooked? Debating the two different types of workplace pension are:...
Royal London has published a new policy paper, aimed at employers, which sets out the the relative merits of both master trusts and group personal pensions. The company said this report is...
