Industry and government must reopen the debate on collective defined contribution schemes to give members better value on costs and risk sharing, the TUC urges.
TUC assistant general secretary Kay Carberry told delegates that economies of scale were the only way for the industry to drive down fund management charges and put less risk on savers’ shoulders. ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date