A DCIF report raises concerns about lack of investment choice in master trusts and difficulties in distinguishing between providers. Michael Klimes explores the details
Master trusts have been operating within the constraint of the 0.75% charge cap since April 2015. While the cap keeps a lid on charges for members, driving down costs could also lead to watered-down services....
As DC schemes face increasing pressures to consolidate, David Snowdon says master trusts are the perfect home.
The Department for Work and Pensions is to make it mandatory for auto-enrolment defined contribution (DC) schemes to use simpler annual statements.
The pensions industry must personalise interventions and auto-enrolment (AE) conversations to prevent members from squandering their pots at retirement age, according to industry experts.
Legal & General Investment Management (LGIM) has incorporated ESG considerations as well as its climate impact pledge into the default funds for the 3.3 million members in its master trust and contract-based schemes.
As TPR prepares to kick off its first master trust supervisory cycle, Kate Smith explores how the market has changed and may continue to