Exclusive: Alternatives and ESG floundering in DC investment
Defined contribution (DC) schemes are mostly content with the current asset classes available despite the industry’s push into proving members can benefit from diversified investments underpinned by strong ESG integration.
Aon quizzed over 200 DC schemes covering £50bn in assets and half a million members and found just 6% of schemes would like to extend their range of investment options to incorporate additional asset classes...
More on Defined Contribution
Standard Life and Zurich unveil IGC reports
Standard Life and Zurich have published their latest independent governance committee (IGC) reports – posting overall green and amber value-for-money assessments respectively.
L&G IGC reports 'very good value for money' in lead up to Covid-19
Legal & General has been providing strong value for money to the members of its workplace pension business, according to its Independent Governance Committee (IGC).
B&CE furloughs 140 staff and changes charging structure
B&CE, the provider of The People’s Pension, has furloughed just under a quarter of its members of staff in response to pressures from the Covid-19 crisis.
Coronavirus-driven capacity crunch to leave DB members flailing
Retirees looking to access additional income from their defined benefit (DB) scheme during the Covid-19 crisis will be victims of a “capacity crunch” as suitable financial advisers flee the market, according to Barnett Waddingham.
Smarterly acquires Salvus Master Trust
Smarterly, a FinTech business focussed on workplace savings, has acquired Salvus Master Trust for an undisclosed sum.
