Defined Contribution

Master trusts have grown rapidly as a result of auto-enrolment but there are concerns about the regulatory framework that underpins them. Padraig Floyd asks how things can be improved.

Auto-enrolment (AE) is helping savers make better retirement plans, but almost half believe they cannot afford higher contributions.

Small and micro businesses in the UK could face fines totalling £25m if they fail to meet their auto-enrolment (AE) deadlines.

Punter Southall Aspire has launched a master trust for defined benefit (DB) schemes with additional voluntary contributions (AVCs).

Professional Pensions spoke to three leading providers asking them why employers should choose a master trust; and how these schemes can improve investment and at-retirement options. This is what they said…

Lack of an agreed definition of value for money is posing many challenges for the industry. Kristian Brunt-Seymour looks at research by the Pensions Policy Institute which suggests a number of solutions

Failure to find an agreed definition of the ‘value for money’concept means trustees and providers are unable to provide schemes in the best interests of all members, according to the Pensions Policy Institute (PPI).

Martin Collins has joined KPMG as director of its team that advises banks and trustees on managing pension liabilities.

Major jobs cuts are anticipated at pension services firm Diligenta which provides services to some of the biggest pension insurers.

Aegon has agreed to purchase BlackRock's defined contribution (DC) platform and administration arm, increasing its platform-based workplace savings business to £30bn.