Lifestyling strategies are helpful for defined contribution members up to a point but have "serious flaws", the Telegraph Pension Scheme pensions manager James Churcher says.
Churcher said a problem occurs when DC members approaching retirement take income drawdown instead of buying an annuity. He said: "We have a nonsense that for 10 years we have been gradually phasing...
This week's edition of Professional Pensions is out now.
Ben Gunnee reflects on 2018 and talks about the Fiduciary Management trends to keep an eye on in 2019
Lloyds Banking Group secured 630,000 new pension customers last year, according to its 2018 annual results.
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.