A pension is for life not just for Christmas

JP Morgan’s Simon Chinnery says the industry must accept the price cap and design good products

clock

With the government's consultation now closed, the introduction of a pricing cap on auto-enrolment (AE) schemes looks like a done deal. Without speculating on the level of the cap, what does this change? Very little, in reality.

The priority of providing people with income in retirement hasn't changed; the disengagement of the majority of members hasn't changed; the lack of savings hasn't changed; the lack of knowledge abo...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Default strategy design key to understanding different retirement outcomes

Default strategy design key to understanding different retirement outcomes

Report reveals wide variation in retirement outcomes depending on the provider

Jonathan Stapleton
clock 22 April 2026 • 3 min read
From consolidation to megafunds: The £1trn evolution

From consolidation to megafunds: The £1trn evolution

Vidett’s Alison Hatcher speaks to Aviva Master Trust chair Chris Noon

Alison Hatcher
clock 22 April 2026 • 5 min read
Partner Insight: Making private markets work for members – a guide for defined contribution trustees

Partner Insight: Making private markets work for members – a guide for defined contribution trustees

When capturing the potential that private markets could offer defined contribution schemes, trustees need to ensure they have absolute clarity on fees, fund structures and liquidity, says BlackRock’s James Rowe.

James Rowe - Managing Director, Head of UK Institutional DC
clock 17 April 2026 • 7 min read
Trustpilot