Just under 200,000 people accessed their pensions using Freedom and Choice in the third quarter of the year, HM Revenue and Customs figures have revealed.
On average, each person received around £8,000 through 2.2 withdrawals, with £1.6bn being paid out. The figure is down from the record £1.9bn recorded in Q2 this year, when the average withdrawal also...
Our panel discusses how DC investment will develop following AE implementation and the completion of master trust authorisation
The Universities Superannuation Scheme (USS) is now enabling members of its Defined Contribution Investment Builder master trust to access private markets investments.
The government must take advantage of its majority to push through further reforms to auto-enrolment, says James Phillips.
The general election showed an increasing focus on collective over individual interests. CDC could fit right in, says Hilary Salt.
Collective defined contribution (CDC) schemes will offer members and employers a more satisfactory balance between affordability and security if they can meet both parties’ needs, according to Unbiased.