Pensions minister Steve Webb has given a few pointers this month that large-scale collective defined contribution (CDC) will feature prominently in his upcoming defined ambition (DA) paper. This has drawn strong responses from across the industry.
CDC has its supporters. There is little argument that economies of scale can lead to lower charges and higher pensions. Advocates like the Royal Society for the Encouragement of Arts, Manufacturers and...
This week's edition of Professional Pensions is out now.
Nearly 60% of UK employers consider defined contribution (DC) master trusts to be the "most suitable" pension fund for their employees, according to research by Buck.
Companies which have tried to dodge their pension duties by changing their identities are being "hunted" by The Pensions Regulator (TPR) in a crackdown on non-compliance with auto-enrolment (AE).
Removing liquidity restrictions would enable DC funds to capitalise on the potentially higher and safer returns that DB schemes have benefitted from, says Patrick Marshall.