The government has committed to exploring ways of improving governance in contract-based defined contribution (DC) schemes, including forming multi-scheme member committees.
In its response to the Work and Pensions Committee's recommendations on workplace schemes (PP Online, 25 April) the government said it will explore whether it should require contract-based DC schemes to...
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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.