Legal and General Trustees (LGT) has asked The Pensions Regulator (TPR) to allow an amnesty for defined contribution (DC) contract scheme providers to change members' investments without their consent.
Contract scheme providers are unable to unilaterally move a member from poorly performing funds without permission, due to contract law. LGT said this is a problem for many disengaged members in unsuitable...
Standard Life has increased exposure to risk assets in three out of five funds in its Active Plus and Passive Plus workplace pension ranges.
Some 48% of employers are unaware of the services or help they offer to members of their defined contribution (DC) schemes, according to Aon.
Jupiter Asset Management's Abbie Llewellyn-Waters, manager of the Jupiter Global Sustainable Equity strategy, explains why firms need to integrate ESG into their business model