The fund management industry must stop "lurking in the shadows" and regain investors' trust, according to Investment Association (IA) chairwoman Helena Morrissey.
Speaking at the Local Government Pension Scheme Reform Conference on 18 March, Morrissey said managers must take more responsibility in influencing long-term investment. "The reality is for a long time...
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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.