Master trusts take too much risk in run-up to retirement, consultancy warns
The risk profiles of many default defined contribution (DC) master trusts need an overhaul as they are mishandling risk, according to Hymans Robertson.
Research by the consultancy firm analysed the fund investment performance of the top 15 master trust providers accounting for 94% of the market until 30 June. It found the strategies that have embraced...
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