Exclusive: Interest in pension performance transparency jumps by nearly 20 points
Just under three quarters of defined contribution (DC) members are interested in seeing how their pension scheme's performance compares to others in the market, according to AllianceBernstein.
Member interest in performance transparency, at 74%, jumped by 17 percentage points since the firm last conducted the survey in 2016, when the figure was 57%. Across all members, those aged between...
More Defined Contribution
Master trust update: Salvus hits £200m mark; Atlas and Hargreaves Lansdown join forces
Salvus Master Trust’s funds under management have surpassed the £200m as it continues to wait for authorisation from The Pensions Regulator (TPR).
PPI Future Book: Consolidation, contribution hikes and investment strategy key to boosting DC pension pots
The consolidation of smaller, higher-charging schemes, increased contribution rates and a move away from investment lifestyling towards DGFs and real assets could significantly boost the size of DC pots, latest analysis by the Pensions Policy Institute...
DC schemes not aligned with member values but ESG shift could boost contributions by £1.2bn a year
Over three quarters (78%) of defined contribution (DC) members feel their pension scheme is not aligned with their values, latest research by Franklin Templeton shows.
Towards a value for money metric
Costs and fees are just a small part of the overall value for money definition, argues Con Keating
Poor governance just as bad for DC funds as high costs
Low member engagement, poor scheme governance, and multiple pots can be equally as detrimental to defined contribution (DC) funds as opaque charges and high costs, research finds.