NEST names panel of retirement income providers
The National Employment Savings Trust today unveiled its panel of recommended retirement income providers.
NEST investors will be able to purchase an annuity from a provider on the panel, or from an open market alternative. The providers, which remain on the NEST panel on ten year contracts, are: Canada...
More on Defined Contribution
Salvus selected as replacement master trust for Ascot Lloyd members
Salvus Master Trust is set to replace the Ascot Lloyd Pension Scheme, which exited the market last year after ten years as master trusts faced tough hurdles to become authorised.
Master trusts set to swallow 27 million deferred pots; New task force suggested
The government must take radical and immediate action to stop small pension pots undermining the success of auto-enrolment (AE), Now Pensions says.
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).
