HSBC says charge cap no bar to active management
The 0.75% charge cap on auto-enrolment default funds does not prevent investors from using active management in volatile sectors where it can add value, says HSBC Global Asset Management.
Speaking at a seminar, senior portfolio manager Jane Davies said the charge cap did not shut out the asset manager's investors from accessing returns on riskier assets. The firm uses its own internal...
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Online provider Pension Bee has created a flexible pension for self-employed savers, allowing them to make contributions according to their income.
Two-thirds 'sleepwalking' into retirement and will run out of pension in their 80s
Older savers are at risk of running out of their defined contribution (DC) pension savings with a third of their retirement still ahead, according to research by The People’s Pension and State Street Global Advisors.
Employee DC contributions drop by 11% amid pandemic pressures
Defined contribution (DC) contributions were scaled back by 11% in the second quarter of 2020 as the impact of the pandemic set in, according to the Office for National Statistics (ONS).
Barclays Bank UK Retirement Fund integrates ESG and climate risk into £1.3bn DGF
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PensionBee partners with SSGA to launch four investment pathways
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