Trust-based pensions have always been seen as being better than contract and on first glance the argument does make sense.
Trust-based schemes have a board of trustees working together for the good of the members whereas in contract based schemes the responsibility rests firmly on the shoulders of the individual. You can see...
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.