ABI cuts annuity transfers to eight days
Annuity transfer times have been "significantly" improved thanks to a Association of British Insurers' initiative, the association says.
The ABI claims its "options" scheme has helped cut the average time to transfer pension cash to an external annuity provider has been cut to just eight days. Prior to the launch of its initiative, transfers...
More on Defined Contribution
Master trusts: Cracking the governance challenge
Almost 10 million people are now enrolled in multi-employer pension schemes*, with larger FTSE employers now being attracted by their more efficient governance arrangements
Drawdown investment strategies are still playing catch-up
There are increasing concerns retirees are not making informed decisions when choosing drawdown funds and could have high exposure to sequence risk, writes Stephanie Baxter.
DC schemes should consider hedging currency risk
Schemes have had a windfall gain by not hedging currency risk. Stephanie Baxter asks whether schemes should now begin to hedge to protect members
DC members will benefit from Brexit through diversification
Savers in defined contribution (DC) schemes will benefit from Brexit if their investments are truly diversified, says SEI's Ashish Kapur.
Top ten ways to maximise retirement income
Retirement planning, collating information and managing costs are among the best ways for defined contribution (DC) members to optimise their retirement income according to WEALTH at Work.