UK defined contribution schemes should stop focusing on outperforming markets and start building “next generation” schemes designed around delivering retirement incomes, a Nobel prizewinning economist says.
Professor Robert C. Merton said the focus on outperforming portfolio values and targeted values was skewing the design of schemes away from focusing on member retirement needs. Professor Merton said:...
Legal and General Investment Management (LGIM) has taken a minority stake in a digital platform to boost its auto-enrolment (AE) offering for micro employers.
The Pensions Regulator (TPR) has hired Nicola Parish as its first executive director for front-line regulation, after the role was created last year.
Back to early 2015 levels
Hymans Robertson has appointed Ian Smith as head of distribution to focus on sales of the consultancy’s guided outcomes (GO) technology.