Income drawdown may need to be delivered collectively to account for mass market demand according to Legal & General Investment Management's head of DC solutions Emma Douglas.
Speaking at Pensions & Benefits UK Douglas agreed that while more people want to enter income drawdown, many of them would not be able to afford an adviser. "There is a lot to be said for that (a collective...
As DC schemes face increasing pressures to consolidate, David Snowdon says master trusts are the perfect home.
The Department for Work and Pensions is to make it mandatory for auto-enrolment defined contribution (DC) schemes to use simpler annual statements.
The pensions industry must personalise interventions and auto-enrolment (AE) conversations to prevent members from squandering their pots at retirement age, according to industry experts.
Legal & General Investment Management (LGIM) has incorporated ESG considerations as well as its climate impact pledge into the default funds for the 3.3 million members in its master trust and contract-based schemes.
As TPR prepares to kick off its first master trust supervisory cycle, Kate Smith explores how the market has changed and may continue to