Default fund
Third of employers will not offer freedom and choice
Up to 32% of employers will not amend their defined contribution (DC) schemes in light of the Budget 2014 changes according to research from Close Brothers Asset Management (CBAM).
How can we link up pre and post retirement investment strategies?
The Budget changes have brought major changes to how people access their pension pots. Helen Morrissey examines research that finds major implications for pre-retirement investments too.
Market turmoil will not sink UK pension schemes in long term
PP research finds the industry bullish
The multifaceted risks of DC investing
Simon Chinnery outlines the key risks surrounding DC investment.
Thomson Reuters overhauls default and opts for in-scheme drawdown
Thomson Reuters is overhauling its DC default offering and is set to offer in-scheme drawdown following the introduction of pension freedoms.
What do global trends reveal about the future of pension provision?
PP looks at research on how multinational firms run their pension schemes
PP research: Investment challenges facing schemes
In the first of a two part research project Professional Pensions asks readers how last year's Budget and the DC charge cap are affecting investment strategies.
Why investment solutions are not a panacea to the savings dilemma
PP looks at why good drawdown solutions must 'remember the members'
Budget flexibilities: What do schemes need to do?
PP runs through what schemes must do to be prepared for 6 April
Over half of asset managers will not reduce fees for April charge cap
More than half of asset management firms will not reduce fees for the April charge cap on defined contribution (DC) default funds, according to a poll.
IGCs will have 'little power' to improve value for money
Independent Governance Committees (IGCs) will have only limited powers to improve value for money in contract-based schemes due to legal constraints, it has been warned.
End of short service refunds will lower investment quality in DC
The abolishment of short service refunds (SSRs) will force some defined contribution (DC) schemes to switch to lower-cost investment strategies, consultants have warned.
Squeezing asset managers will lower quality in DC
The DC charge cap could push out good quality managers and products, says Stephanie Baxter
Does it matter if asset managers are struggling to make money in DC?
PP looks at why asset managers feeling the pinch might not be all good news
Charge cap could increase volatility in DC default funds
The incoming charge for defined contribution (DC) default funds could lead to increased volatility, BlackRock has warned.
Why Total UK is overhauling its default fund and undergoing a DC review
Total UK pensions coordinator Laura Perks (pictured) says Total UK is looking to overhaul its default fund as part of a complete review that is currently underway.
How Wolseley UK is evolving its DC default fund
Wolseley head of reward, benefits and policy Neil McCawley (pictured) sees changes to the Wolseley Group Defined Contribution Plan as an "evolution rather than a revolution".
Why First Group is considering adopting a multi-default fund strategy for the First UK Bus Pension Scheme
First group reward and pensions director John Chilman (pictured) says increased member engagement will be necessary in order for individuals to choose the most appropriate default option.
Default option for decumulation 'is crucial but challenging'
Schemes and providers must consider having a default option for the decumulation stage, according to industry participants at a National Association of Pension Funds (NAPF) seminar.
Focus on default funds risks DC governance gap
Policymakers' decision not to apply forthcoming governance and transparency rules to funds other than default options may lead to a regulatory gap in defined contribution (DC), Linklaters has warned.
Cost cap will 'fundamentally challenge' viability of default funds
Maintaining a diversified investment approach in default solutions for small and medium enterprises (SMEs) is increasingly challenging due to cost constraints, according to research.
Providers struggling to assess value for money in DC
Providers are struggling to assess value for money in defined contribution default funds because of the wide variation in outcomes targeted by members, according to research.
How the L&G pension scheme handled auto-enrolment
PP speaks to L&G's Rob Durbin about how the firm communicated AE to members
DC members misled over exposure to emerging markets
Savers in defined contribution (DC) default funds are far more exposed to emerging markets than they realise, a research paper has warned.
