The industry has broadly welcomed the Department for Work and Pensions' consultation on collective defined contribution (CDC) as a move towards improving retirement outcomes.
The long-awaited paper on collective forms of saving makes a number of proposals to ensure that members' investments are protected and costs are controlled while seeking to avoid the pitfalls of such structures...
The Pensions Regulator (TPR) has failed to assuage concerns over its enhanced criminal sanctions regime with the industry continuing to call for clarity.
Matthew Swynnerton explores the impacts of the Pension Schemes Act 2021
'Headaches' ahead for DC illiquid investment over 'fiendish complexities' of performance fees despite charge cap inclusion
The Pensions and Lifetime Savings Association (PLSA) has welcomed plans to incorporate performance fees in the charge cap, but the Association of Consulting Actuaries (ACA) warned performance fees are “not the only headache” for defined contribution (DC)...
Geoff Egerton looks at how the criminal sanctions regime will impact the pensions industry
Government proposals to employ a charge cap smoothing mechanism in a bid to incentivise defined contribution (DC) pension scheme investment in illiquid assets could have the opposite effect, says the Society of Pension Professionals (SPP).