UK - The Association of Pensioner Trustees has called on the government to reconsider plans to apply a single set of investment criteria for small self-administered schemes.
The APT backs reforms outlined by the Inland Revenue but says the benefits of investment flexibility should not be ignored.
It said the ability of SSASs to invest in commercial property should not be restricted if the transaction was “carried out at arm’s length and on commercial terms”.
APT chairman Mark Howard said: “Our research shows that commercial property has performed extremely well over the short, medium and long-term and provides a solid income stream to meet pension outgoings in retirement.”
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.