Some 22% of savers in defined contribution (DC) schemes do not believe managing investments in pension schemes is their responsibility, research from AllianceBernstein shows.
The asset manager and target date fund provider's research, of 500 DC savers, said the research shows endpoint sensitivity investment strategies can sometimes be unsuitable. In addition, the research...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.