CDC success reliant on 'fairer' balance of priorities
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.
The adviser directory site said the main advantage of CDC schemes is that the investment risk is spread across all members with the effect of reducing volatility - effectively the amount by which the pot's...
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PLSA publishes template for DC chair's statements
The Pensions and Lifetime Savings Association (PLSA) has published a drafting template to help defined contribution (DC) scheme trustees produce their annual chair’s statements.
ESG-conscious Nest members neglecting pensions
Nest members are making changes to their everyday lives to be more environmentally or socially responsible, but failing to take the same action on their pensions, the provider says.
McClymont: The power of AE inertia is not too powerful
Gregg McClymont says AE schemes make it easy to opt-out should members feel contributions are not in their best interest
TPR issues warning over DC allocations to alternative funds
Trustees of defined contribution (DC) schemes redirecting contributions made during Covid-19 to alternative funds should check they’re not unintentionally breaching pension legislation, The Pensions Regulator (TPR) warns.
IFS: Has AE been too successful?
Thousands of the country’s most financially insecure individuals are remaining in auto-enrolled schemes even if it may not be in their best interests to do so, the Institute for Fiscal Studies (IFS) finds.