How can trustees create a successful default fund?

Michael Klimes
clock • 5 min read

Designing good DC default funds for members can be a difficult and daunting task for trustees. Michael Klimes explores how they can do it

Much of the debate about defined contribution (DC) trustees' fiduciary duty to members revolves around how to create successful default funds. Discussions usually touch on themes such as value for ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Michael Klimes
Author spotlight

Michael Klimes

View profile
More from Michael Klimes

Five local authority funds to invest £100m in residential property

Jeremy Corbyn backs parliamentary pension divestment campaign

More on Investment

Partner Insight: From oceans to AI - EOS's Q3 report highlights systemic risks for long-term investors
Investment

Partner Insight: From oceans to AI - EOS's Q3 report highlights systemic risks for long-term investors

The Q3 Public Engagement Report from EOS at Federated Hermes explores the implications of the ratified High Seas Treaty for companies and investors, AI’s insatiable appetite for energy, and key themes from the voting season across developed Asia and emerging...

Federated Hermes
clock 24 November 2025 • 3 min read
Partner Insight: Blunt questions, bold results - Turning a pension deficit into surplus
Investment

Partner Insight: Blunt questions, bold results - Turning a pension deficit into surplus

A partnership with SEI helped the Joy Global pension scheme turn a stubborn deficit into a surplus and paved the way for a buy-out. The key, says Trustee Jim Parker, was frank communication.

SEI
clock 24 November 2025 • 5 min read
Pension providers partner with British Business Bank on growth fund
Investment

Pension providers partner with British Business Bank on growth fund

British Growth Partnership Fund targeting £200m first close by the end of the financial year

Martin Richmond
Martin Richmond
clock 20 November 2025 • 3 min read
Trustpilot