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.
According to Pension Charing Structures and Beyond: An Outcomes-focused Analysis - a report published by the Pensions Policy Institute (PPI) and commissioned by Smart Pension - despite heightened focus...
Now authorisation has ended for existing schemes, Kim Kaveh reflects on the process and asks what the future holds for ongoing supervision.
Capita has signed up to the government-backed Star Initiative, taking its total number of participants to 50.
Smart Pension and Australian administrator Link Group have entered a strategic global partnership to take their “combined expertise” into new markets in the UK and globally.
Cost savings of up to 20% could be made by pension schemes if they move to a defined contribution (DC) master trust, according to Hymans Robertson analysis.