Firm’s Sirius Index shows slight increases across its modelled schemes
Consultation will require DC schemes to publish ‘clear data’ on performance, costs and quality of service
CPI-linked protections capped at 2.5% a year and will come into effect in January 2027
Budget change would hit the growth phase directly leading many to cut contributions
Nearly half of DC savers have never checked how much they have saved into their pension
Bill hailed by industry as a ‘once in a generation’ opportunity for workplace pensions
Broadstone says employer contributions needed to plug scheme shortfalls have ‘plummeted’
Consultation looks at building scale, DC investment in the UK and innovation including the lifetime pot
Collateral top-ups may be needed but pension funds are ‘far from another LDI crisis’
Broadstone says the speech could mark a ‘turning point’ for the pensions industry