An age-dependent approach to DC default funds, which takes into account a member's human capital and financial wealth, is better than traditional lifestyling, research shows.
Two studies by the Pensions Institute at Cass Business School identified three factors which should be considered when designing DC plans: a member's human capital as represented by their salary profile...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.