DC values return to pre-recession levels
Defined contribution pension funds have returned to the value they were before the recession started in September last year, Aon Consulting figures show.
The value of DC funds has swung from a record dip of £344bn in March this year to present levels of about £450bn. Aon's DC Pension Tracker measures the total asset value of UK workers' DC pension accounts....
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DC schemes show Covid-19 recovery trend
Defined contribution (DC) pensions are showing positive signs of market recovery after dramatic falls in the number of expected retirements this year due to the ongoing coronavirus pandemic.
Regulator warns on DC transfer speeds
Transfers between defined contribution (DC) schemes must continue to be prioritised by trustees during the Covid-19 pandemic, The Pensions Regulator (TPR) warns.
PLSA industry group to support trustees with ESG reporting blind spots
Many schemes are only at the start of their ESG journeys and are likely to be confused by reporting requirements as they also grapple with the ongoing Covid-19 pandemic, says the Pensions and Lifetime Savings Association (PLSA).
Five to ten years 'reasonable' for pension coronavirus recovery
Savers with less than a decade to go until retirement have a reasonable timeframe ahead for their pension to recover from the market instability caused by the Covid-19 coronavirus, according to Unbiased.
IFoA launches investigation into DC
The Institute and Faculty of Actuaries (IFoA) has launched an investigation into the increasing transfer of risks to consumers, with a particular focus on defined contribution (DC) pensions.