The industry has provided a predominantly negative response to the confirmation today that the lifetime allowance will be frozen at £1,073,100 until April 2026.
Chancellor Rishi Sunak has confirmed that the pensions lifetime allowance will be frozen at its current rate until 2026.
The government will press ahead with plans to use the “largely untapped pool of capital” in defined contribution (DC) schemes to invest in venture capital and growth equity assets.
Hope William-Smith looks at what draws and keeps member-nominated trustees (MNTs) in the industry’s most altruistic role as the challenges continue to mount.
Compulsory fiduciary management and retendering: how smaller schemes are disproportionately impacted
But could reforms like mandatory tendering actually hamper the small-size schemes who tend to use fiduciary management the most?
Professional Pensions, working in association with BMO Global Asset Management, asked over 100 pension scheme trustees for their views on this matter.
ETFs are an integral part of the investment process for many institutional investors, traders and risk managers. They are changing the way institutions construct portfolios, fine-tune risk and manage operational tasks like cash management and portfolio transitions.
One of the drivers of ETF growth is the ease and speed with which ETFs enable investors to express their investment views; this makes trade execution one of a number of important factors driving ETF investors' returns.
The 2018 Guide to ETFs highlights how institutions are using ETFs across asset classes to improve portfolio outcomes.