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.
PP looks at why good drawdown solutions must 'remember the members'
PP runs through what schemes must do to be prepared for 6 April
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.
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.
The abolishment of short service refunds (SSRs) will force some defined contribution (DC) schemes to switch to lower-cost investment strategies, consultants have warned.
The DC charge cap could push out good quality managers and products, says Stephanie Baxter
PP looks at why asset managers feeling the pinch might not be all good news
The incoming charge for defined contribution (DC) default funds could lead to increased volatility, BlackRock has warned.
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.