Life expectancy ‘underestimated' by 12 years; Fierce competition leaves DB members exposed; Use of US class action gathers apace; Fund managers raise exit penalties to prevent property collapse
Life expectancy ‘underestimated’ by 12 years Financial Times (p4) Government forecasts for life expectancy could be underestimated longevity by up to 12 years, according to new statistics. Pensions...
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.