UK - A renewed focus on pension scheme asset allocation will lead to more scheme-specific benchmarks and traditional investment solutions, UBS Global Asset Management says.
A survey showed 90% of its client viewed asset allocation as “very important” or “critical”.
Its report – Pension Fund Indicators 2003 – said: “Employers, employees and pensioners will have conflicting preferences for benchmarks and funding strategies depending on their appetite for risk.”
Standard Life has increased exposure to risk assets in three out of five funds in its Active Plus and Passive Plus workplace pension ranges.
Some 48% of employers are unaware of the services or help they offer to members of their defined contribution (DC) schemes, according to Aon.
Welplan Pensions has triggered its exit from the master trust market, with just a few days to go until The Pensions Regulator's (TPR) application deadline.