Pension fund savers switching out of their default funds and making their own investment decisions could face a cut in their final pot value of up to £247,000, research has found.
Steve Charlton looks for an equitable way to incentivise saving for retirement.
Short-term actions are dominating the thinking of many defined contribution (DC) schemes as the coronavirus pandemic continues, Aon research finds.
Nest saw average inflows of £400m in new contributions per month over the course of 2019/20, leading to a 67% increase in assets under management (AUM).
Michael Ambery argues that AE faces a potential key fork in its journey, with the government missing a prime opportunity with the Kick Start Scheme, and employers need to step up instead.
Workplace scheme providers’ lack of “new and progressive products” is to blame for continued low engagement with pensions despite the success of auto-enrolment (AE), according to Cushon.
The number of FTSE 250 companies moving to a master trust is set to increase over the next two years, according to research by Willis Towers Watson (WTW).
Members of Phoenix’s defined contribution (DC) master trust will be allowed to access their pension savings via in-scheme drawdown.
Government plans to create jobs for 16-to-24-year-olds will see the state paying employer pension contributions, it is expected.
A lack of steadfast regulation around unbundled defined contribution (DC) schemes makes them a ticking time bomb for firms and members, says Salvus Master Trust.