Defined Contribution

Lack of transparency means employees are in the dark over whether they are getting value for money from their pension, according to a report by the international labour union network.

The Pensions Regulator (TPR) should reveal the names of master trusts that will not apply for authorisation and take a measured approach, industry experts have said.

Companies should revaluate their approach to defined contribution (DC) default design as more than 80% of savers trust employers to choose the right investments, according to research by BlackRock.

Savers face a huge number of options at-retirement. Steve Goddard believes this 'dartboard of choice' should be take away and an additional layer of trustee governance is needed to protect members in the deculmulation phase

The Pensions Regulator (TPR) has confirmed that 30 master trusts have or will exit the market, leaving 58 which will either need to apply for authorisation or exit in the coming months.

Respondents disagree whether mixing of products would be beneficial for savers

Hymans Robertson has unveiled research analysing investment performance across the 16 largest master trust default funds. Kim Kaveh explores the data.

Tim Sharp says more fundamental reforms are necessary in order to make a big difference to the lives of young workers

Almost 10 million people are now enrolled in multi-employer pension schemes*, with larger FTSE employers now being attracted by their more efficient governance arrangements

Environmental, social and governance (ESG) issues could be the key to greater engagement with members if the power of investments is communicated well, says Emma Douglas.