DEFAULT funds used by around 90pc of defined contribution scheme members are inadequate, research by Cass Business School's Pensions Institute shows.
Its report – Dealing with the reluctant investor: Innovation and governance in DC pension investment – says employers that offer an investment-based DC scheme will put their employees’ retirement prospects...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.