An increasing number of DC schemes and consultants are expressing dissatisfaction with DGFs. Annabel Tonry explains why investors shouldn't dismiss these funds
At first glance it would appear that diversified growth funds (DGFs) have begun to disappoint both defined contribution (DC) plans and their consultants, with the cry of 'Oh, if only we had been in equities...
Members of the Pensions and Lifetime Savings Association (PLSA) have given a green light to changes to the trade body's constitution and articles of association.
The newly-appointed chairman of the Pensions and Lifetime Savings Association (PLSA) has pledged to "open up" the organisation in a bid to improve policy development.
The Department for Work and Pensions (DWP) has suggested its forthcoming white paper on defined benefit (DB) provision will only show the direction of travel on consolidation, rather give than a definitive answer.
A raft of consultations and draft regulations will greet the industry over the coming weeks and months, the pensions and financial inclusion minister confirms.