Aviva has launched a defined contribution (DC) default investment strategy for its workplace pension clients, incorporating ethical and ESG considerations.
The strategy - which launched last month - is based solely on the Aviva stewardship funds opened in 1984, it said. The Stewardship Lifestyle Strategy integrates ethical and ESG considerations throughout...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter