Image:
Argi Sampedro is ESG policy and regulatory strategist at Neuberger Berman
We believe the current fragmentation of the UK’s pension schemes, along with a focus on costs versus outcomes, leads to inefficiencies and missed opportunities for pension funds to invest in assets with high risk-adjusted returns. We therefore welcome the Pension Schemes Bill announced in July and further details on the government’s plans announced in the Mansion House speech and the subsequent two consultations which closed this week.
The oversight, cost, maintenance and management challenges facing smaller defined contribution (DC) and corporate defined benefit (DB) schemes hinder asset performance. Consolidation can reduce cos...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
