The Pensions and Lifetime Savings Association (PLSA) has welcomed plans to incorporate performance fees in the charge cap, but the Association of Consulting Actuaries (ACA) warned performance fees are “not the only headache” for defined contribution (DC) investment in illiquid assets.
In response to the Department for Work and Pensions' (DWP) consultation ‘Incorporating performance fees within the charge cap', the PLSA said it welcomed the department's plans to make it easier for DC...
Contract-based pension providers could be required to nudge savers to book Pension Wise appointments before accessing their savings.
The Pensions Administration Standards Association (PASA) has launched a defined contribution (DC) transfer working group.
Defined contribution (DC) pension members are heading for a “worse catastrophe than previously thought” with regards to adequacy models, according to PTL.
Charlotte Moore looks at how those born between 1965 and 1980 are likely to feel the pinch at retirement.
The value destruction of a savers’ pension at the point of retirement is “huge” and personalised guidance is vital to prevent members knocking out years of savings, according to industry experts.