The defined contribution pensions market in the UK remains in long-term transition. Factors contributing to this change over the last few years include auto-enrolment, the rapid growth of master trusts as providers...
A strong faith in nudge and a deep focus on conflicts of interest are the two themes that emerge when talking to Baroness Jeannie Drake, the Labour peer who was one of the original...
The Pensions Regulator issued employers with fines of £23.1m in the last financial year for non-compliance with auto-enrolment duties, with one employer fined £350,000. In the year ended 31 March 2020, a...
Real estate and emerging market government debt have both been introduced to Scottish Widows’ pension defaults following a strategic review of its asset allocation strategies that also sees currency hedging introduced. The...
Aegon is rolling out a new version of its Member Insights tool for master trust and GPP clients that facilitates behaviourally-driven targeted emails to different groups of members. The provider’s dynamic governance...
Globally, experts are concerned many people could be sleepwalking into retirement poverty. The World Economic Forum highlighted that the gap between what people save and what is needed for an adequate standard...
Infrastructure, high-yield and emerging market debt and private equity are the three asset classes that can best replace the income that income-seeking investors have been deriving from dwindling dividends, according to a...
The whole country has been staying at home. If we do go out, we’re queuing in supermarket carparks, and attempting to keep at least two metres away from each other. Millions of...
Transaction costs make up to 37 per cent of a pension scheme’s costs, with the overall total cost of ownership (TCO) for UK schemes standing at on average 70bps, according to governance...
Building default investment options for defined contribution (DC) members is really the art of creating a process that will allow asset allocations to change over time, reflecting the changing needs of members...
