Defined Contribution

Professional Pensions spoke to Fiona Matthews, the managing director of LifeSight at Willis Towers Watson, as part of an exclusive series of interviews with some of the finalists of the UK Pensions Awards 2021. This is what she had to say…

The pensions minister says DC schemes must be willing to consolidate

The regulator warned employers to not neglect their AE responsibilities as the economy recovers

Fintech says the style of communications across pensions needs an overhaul

83% of savers told PensionBee that age and income should not exclude savers from AE

Research revealed charges have a measurable and material impact on members’ retirement income

The trust has also set an interim target of a 50% reduction by 2030

‘Important milestone’ follows 11 years of work in the master trust arena

The industry is supportive of improving member outcomes but called for tailored approach to DC

The industry has responded positively to the regulators’ consultation