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...
Evolve Pensions has launched a new member website called Evolink for its Crystal master trust, which includes additional online functionality to its previous system.
Metropolitan Thames Valley Housing (MTVH) is planning to set up a defined contribution (DC) pension arrangement to provide future benefits for current employees and new joiners through auto-enrolment (AE).
Ten master trusts will pay at least 25% of the total general levy despite holding just 2% of assets, according to The People’s Pension (TPP).
Government plans to increase the general levy will disproportionately hit members who have been auto-enrolled, says Darren Philp
The professional trustee accreditation process, set up by the Professional Trustee Standards Working Group (PTSWG), has been delayed again and is now expected to launch “in the new year”.