The UK defined contribution marketplace is significantly less open and dynamic than that of the US, latest DCisions research reveals.
Employer contributions to funded workplace pensions have risen by £16bn in just two years, as employee contributions plummeted by £3.5bn over the same period, figures show.
The National Association of Pension Funds fears a ‘governance vacuum' in trust-based defined contribution schemes if the government scraps short service refunds.
Tesco has slashed its scheme liabilities by £270m by switching from the Retail Prices Index to the Consumer Prices Index for calculating inflation linked benefits.
The government should overhaul its policy on infrastructure funding and provide incentives to encourage pension funds to invest in big projects, a report says.
Some seven out of ten employers are yet to begin preparations for employer duties despite them coming into play next year, latest research shows.
Nigel Aston analyses the results of the DCisions 2011 Default Report and finds that, when it comes to defined contribution default strategies, the days of hiding behind simple benchmarks are numbered
Lifestyle strategies in the UK defined contribution market are too rigid and their underlying asset allocation and management is not dynamic enough, ATP says.
The National Employment Savings Trust has appointed F&C Asset Management and HSBC Global Asset Management to manage its ethical and Sharia funds, respectively, it announced today.
B&CE has overhauled its EasyBuild Workplace Pension offering to offer a 0% annual management charge for the first year of auto-enrolment.