Defined Contribution

Scottish Widows has told the Department for Work and Pensions (DWP) that performance fees should not be allowed in defined contribution (DC) pension defaults.

In a webinar held in April, PP’s expert panel discussed how DC investment strategies have delivered through the Covid-19 pandemic

The Mercer Master Trust, Standard Life, and Intelliflo have achieved overall ‘gold’ standard awards in Benefits Guru’s inaugural open finance ratings for workplace pension providers.

William Chan says, if all the constraints underlying the UK DC market are cleared, there is no reason why the UK DC market cannot follow other parts of the world in private market allocations.

Nearly eight in ten employees have a workplace pension today compared to less than half of people when auto-enrolment (AE) was introduced in 2012, according to a report by the Office for National Statistics (ONS).

The government should encourage people to save more into pensions after life stages such as when children leave home and after mortgages and student loans are paid off, the Institute for Fiscal Studies (IFS) says.

Millions of workers are set to face “life changing retirement shortfalls” as lower growth forecasts could wipe a third off pot values, according to Lane Clark & Peacock (LCP).

Contract-based pension providers could be required to nudge savers to book Pension Wise appointments before accessing their savings.

The Pensions Administration Standards Association (PASA) has launched a defined contribution (DC) transfer working group.

Defined contribution (DC) pension members are heading for a “worse catastrophe than previously thought” with regards to adequacy models, according to PTL.