Some 88% of active defined contribution (DC) members remain in the default fund, latest Pension and Lifetime Savings Association (PLSA) research reveals.
The trade body's 43rd annual survey - conducted among 176 of the PLSA's fund members between 5 June and 28 July - found the range of choice on offer to members was still high, with schemes reporting a...
UK pension schemes are working hard to counter climate risks across investment portfolios, but the assessment of climate risks to sponsor covenant must be a key focus of schemes’ broader risk assessment, says Michael Bushnell.
Only one third of defined benefit (DB) schemes lengthened their recovery plan end dates in 2019, according to research by Hymans Robertson.
Hargreaves Lansdown has been named as the slowest provider to switch pensions through the Origo transfer service.
Regulatory guidance “could set too high a hurdle” for superfunds, Lane Clark and Peacock (LCP) warns.
The Department for Work and Pensions is to make it mandatory for auto-enrolment defined contribution (DC) schemes to use simpler annual statements.