Defined Contribution

Transfers to defined contribution (DC) master trusts will continue well into 2021, latest research from Sackers reveals.

Stephen Richards says government regulation will herald an ‘avalanche’ of DC scheme transfers to master trusts. He sets out his predictions and a word of caution.

Smart Pension and Barclays have partnered to provide small- and medium-sized enterprises (SMEs) with a quicker pensions solution with a wider selection of investment funds.

Savers withdrew £9.4bn flexibly from their retirement pots during 2020, data released by HM Revenue & Customs (HMRC) has shown.

Online provider Pension Bee has created a flexible pension for self-employed savers, allowing them to make contributions according to their income.

Older savers are at risk of running out of their defined contribution (DC) pension savings with a third of their retirement still ahead, according to research by The People’s Pension and State Street Global Advisors.

Defined contribution (DC) contributions were scaled back by 11% in the second quarter of 2020 as the impact of the pandemic set in, according to the Office for National Statistics (ONS).

The Barclays Bank UK Retirement Fund (Barclays UKRF) has integrated ESG factors and climate risk into a £1.3bn diversified growth fund (DGF) portfolio used for its defined contribution (DC) scheme.

PensionBee has launched four ready-made investment pathway solutions with State Street Global Advisors (SSGA) ahead of the February implementation deadline.

Tim Gosling says the small pots working group’s report is a reasonable first step that recognises diverse views to come up with a way forward.