TPR finds failings with smaller DC schemes
Many smaller pension schemes are failing to demonstrate they provide good value for members according to new research from The Pensions Regulator. In its annual DC survey, the watchdog found that nine...
Many smaller pension schemes are failing to demonstrate they provide good value for members according to new research from The Pensions Regulator. In its annual DC survey, the watchdog found that nine...
The report says there are issues with the transparency of costs and charges in contract-based and master trust schemes, particularly where there is a commercial link between asset manager and provider. It says...
New ONS figures show that since 2012, and the start of auto-enrolment, an additional 9.8m people have been enrolled into workplace pension schemes. However over this period, contribution levels of have fallen...
Hill will join the regulator in November. She is currently director of market intelligence, data and analysis at the FCA. In her new role Hill will be responsible for implementing TPR’s tougher...
In some ways, the defined contribution space has hardly changed in the last two decades. Most of the conversations we have today are the same ones heard 20 years ago - how...
Now: Pensions revealed poor performance over three years when compared to the other 24 defaults in the Corporate Adviser Master Trust Defaults report. Its default returned 2.4 per cent annualised in the...
Auto-enrolment defaults lack sophistication in their investment design and this is in large part down to a misguided focus on cost. Employers, consultants and advisers need to switch their focus from cost...
After contribution levels, investment performance is arguably the biggest determinant of outcomes in retirement for today’s DC savers. That performance will to a large extent be determined by the asset allocation decisions...
Hard working people doing the right thing and saving for their futures want to know that their pension scheme is safe and well run. Clearly, that is the least they should expect....
The research, which analyses the investment returns, volatility and asset allocation strategy of default funds through growth, derisking and immediately pre-retirement, found that investors five years from state retirement age saw average...