Unlocking the DC illiquidity enigma

clock • 8 min read

Private markets are becoming more accessible to DC schemes. Alastair O'Dell asks if platform-based funds can really capture the illiquidity premium.

Defined benefit (DB) pension schemes have long enjoyed the illiquidity premium paid for the long-term commitment of capital. But despite an often even longer time horizon, defined contribution (DC)...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Nest appoints Wellington Management to run £3.5bn active EM equity strategy

Nest appoints Wellington Management to run £3.5bn active EM equity strategy

Emerging markets brief aims to strengthen ESG, risk evaluation and stewardship

Jonathan Stapleton
clock 02 October 2026 • 1 min read
Industry and regulators have a chance to shape a new era for DC pensions, TPR says

Industry and regulators have a chance to shape a new era for DC pensions, TPR says

Chair Emma Douglas says the pension system is ‘unfinished business’

Martin Richmond
clock 02 October 2026 • 5 min read
Employee contributions to DC schemes rise to £3.2bn

Employee contributions to DC schemes rise to £3.2bn

Latest ONS data shows deferred memberships of DC schemes also increasing

Alex Levy
clock 02 October 2026 • 2 min read
Trustpilot