Pooling traditional defined contribution (DC) fund assets could lead to significantly larger retirement funds through better diversification and governance, Pensions Policy Institute (PPI) and Schroders research has suggested.
Although scale would not have a direct impact, a "governance premium" and greater access to a wider range of investment options could see members grow their pot by up to 62% if investment returns improve...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point