Editor’s view: No avoiding the one-way street for DC charges
There’s no getting away from it, charges are going to go up across the board in the DC pensions market. The current dual or multiple default strategy is only going to last...
There’s no getting away from it, charges are going to go up across the board in the DC pensions market. The current dual or multiple default strategy is only going to last...
The Financial Conduct Authority (FCA) is reviewing the rules around contract-based pensions to allow performance fees to be included outside of the 0.75 per cent charge cap. Some media outlets have reported...
More than 250,000 additional people aged 60–64 are now living in relative income poverty compared with 2010, as state pension age increases take effect, according to a report from the Standard Life...
The number of people with defined benefits pensions continues to decline, according to the latest annual report by The Pensions Regulator. Its review of UK DB sector shows the sector continues to...
More than 27 per cent of UK workers, around 9 million people, have no idea how many pay days remain before they stop working, according to Aviva. According to Aviva, awareness declines...
Mercer's workplace savings solutions will invest £350m into private markets through a new bespoke LTAF run by Schroders. This new LTAF will be the primary vehicle for private market investment for both...
The Government will consult on whether there needs to be greater regulation of trustees, via a new accreditation process and centrally set standards. The consultation is also asking for industry feedback on...
One in five DC members aged 55 and over have started using L&G’s Guided Retirement Planner in its first year, according to the firm. The planner was launched ahead of the FCA’s...
The People’s Pension has published its first responsible investment (RI) report, less than a year after ditching State Street Global Advisors (SSGA) as its main asset manager, and hiring Amundi and Invesco...
DB trustees will be able to transfer surplus payments into a DC arrangement via a new solution offered through Aviva Master Trust. This new option is aimed at both DB trustees and...