Ascot Lloyd to exit master trust sector
Ascot Lloyd is the latest master trust provider to confirm that it is exiting the sector. The provider confirmed that it will be winding down the scheme. It said trustees are at...
Ascot Lloyd is the latest master trust provider to confirm that it is exiting the sector. The provider confirmed that it will be winding down the scheme. It said trustees are at...
A Boris Johnson premiership would lead to a recession, fall in the value of the pound and a spike in inflation, according to predictions from Schroders' economics experts. The asset manager has...
The new Cost Transparency Initiative - designed to make it easier for pension schemes to compare fund charges - has launched its first set of machine-readable standardised cost templates. These new templates...
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...
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....
Individual Savings Accounts were launched 20 years ago, in April 1999. These tax-efficient savings and investment products were initially aimed at individuals, but in recent years they have started to gain traction in the...
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...
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...