Pensions minister Steve Webb has admitted he is unsure if the legislative framework for defined ambition (DA) will be in place before the end of this Parliament.
Speaking at the Association of Member-Nominated Trustees (AMNT) summer conference, Webb said he saw the need to move fast with DA but was not ultimately confident it could be done in his tenure. He...
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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.