The default charge cap for defined contribution (DC) investment strategies should not be amended to make it easier to access illiquid assets, a majority of last week's 91 respondents said.
Respondents were also asked whether small schemes should be nudged to consolidate, and if DC schemes should publish their annual investment performance to the public. Read the results in full here....
AXA Investment Managers (AXA IM) has partnered with the Asset Management Exchange (AMX) platform, adding an initial long-term credit fund with more than $1bn (£806m) of assets in the fund.
In this week’s Pensions Buzz, we want to know if following its moves into private credit and alternative assets NEST is now setting an industry benchmark for defined contribution (DC) investment innovation.
Some 76 trustees and chief investment officers from UK schemes with combined assets of £367bn have signed a pledge to push asset managers to take more action to help combat climate change.
There are now only a few weeks until Professional Pensions' Trustee Senate residential event, which will take place on 3-4 October at the Hanbury Manor Hotel & Spa in Hertfordshire.
Employees will be like “rabbits in the headlights” if they are awakened to their low levels of saving too late in their working lives, it has been warned.