Contract-based defined contribution (DC) providers are likely to be given a fiduciary duty similar to that of trustees, Punter Southall principal Alan Morahan says.
Morahan told the Pensions and Benefits Show 2013 that he "can see the argument" for requiring contract providers protect members' interests through investment. Responding to a question regarding whether...
Workplace scheme providers’ lack of “new and progressive products” is to blame for continued low engagement with pensions despite the success of auto-enrolment (AE), according to Cushon.
The number of FTSE 250 companies moving to a master trust is set to increase over the next two years, according to research by Willis Towers Watson (WTW).
Members of Phoenix’s defined contribution (DC) master trust will be allowed to access their pension savings via in-scheme drawdown.
Government plans to create jobs for 16-to-24-year-olds will see the state paying employer pension contributions, it is expected.
A lack of steadfast regulation around unbundled defined contribution (DC) schemes makes them a ticking time bomb for firms and members, says Salvus Master Trust.