Collective individual defined contribution (CIDC) schemes should be sought as the next form of pension provision, a university paper has recommended.
Although collective defined contribution (CDC) has been touted as the potential middle ground between, and replacement of, expensive defined benefit (DB) provision and inadequate defined contribution (DC)...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.