Majority of PP survey respondents want to see regular reviews of DC default funds
The guidance sets out a standardised and non-prescriptive process flow for transfers
DC schemes could exclude them from the cap if it’s in the members’ best interests
Dermot Courtier says attitudes to private markets in DC are beginning to change rapidly
LCP warns of member ‘shock’ at scale of decline in pot values in pre-retirement phase
Lobby group also calls for new minister to combine the DC regulatory regimes into one
Those currently approaching retirement are likely to experience large falls in fund values
Private sector pensions continue to increase, but warning of growing opt-out threat
Industry is ‘not convinced these steps will necessarily open the flood gates on their own’
The government plans to remove performance fees from the DC pension charge cap