Pension fund savers switching out of their default funds and making their own investment decisions could face a cut in their final pot value of up to £247,000, research has found.
According to a report from The People's Pension and State Street Global Advisors (SSGA), inexperienced savers choosing their own funds could lose out on more than 50% of their possible pot. The report, Workplace...
Defined contribution (DC) chair’s statements need a major re-think as part of the Department for Work and Pensions’ five-yearly statutory review on the rules around scheme governance in 2021, LCP says.
Trustees must undertake a five-step process urgently if they are seeking to move their single-employer defined contribution (DC) scheme into a master trust, says Premier.
Workplace savings fintech Cushon has expanded its acquisition target to include pension-focused businesses as well as master trusts.
Auto-enrolment (AE) remained resilient during the Covid-19 pandemic and in the wake of minimum contribution increases, according to a report by Nest Insight.
Transfers to defined contribution (DC) master trusts will continue well into 2021, latest research from Sackers reveals.