Trustees must recognise that schemes are consumer products competing for a share of household income, says Ferrier Pearce's Nigel Ferrier.
Rachel Dalton looks at the government’s latest report on DC scheme demographics
This week, Buzz respondents said trustees must get better at understanding fees.
Labour has vowed to push through a pension charge cap and make using an annuity broker mandatory should it win the next general election.
Large consultancies have experienced double-digit growth within their defined contribution (DC) teams in just two years.
Four schemes have joined P-Solve's delegated defined contribution (DC) service over the last six months, totalling at £70m of assets.
Friends Life has announced plans to launch a master trust following increased focus on good scheme governance from The Pensions Regulator (TPR) and other industry bodies.
Premier plans to expand into the provider market by launching a multi-employer defined benefit (DB) scheme and a defined contribution (DC) master trust in March this year.
The majority of respondents rejected the idea of large employers splitting staff bonuses between cash and pension contributions.
Planned reforms for defined contribution (DC) charges, governance and transparency will not take effect before April 2015, pensions minister Steve Webb has confirmed.