Designing good DC default funds for members can be a difficult and daunting task for trustees. Michael Klimes explores how they can do it
Much of the debate about defined contribution (DC) trustees' fiduciary duty to members revolves around how to create successful default funds. Discussions usually touch on themes such as value for money...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).