In an increasingly busy market for bulk purchase annuities, schemes are reaching buyout funding earlier than planned.
Government wants to better enable access to productive finance and illiquid assets
New open-ended funds designed for infrastructure and private assets
Ceiling on annual fees could be diluted in bid to boost investment in long-term projects
Some 85% of pension investors expect schemes to increase allocations over the next three years
Amid growing calls to allocate to illiquids, our expert panel explores the difficulties
The Financial Conduct Authority (FCA) is seeking views on creating a long-term asset fund (LTAF) to give more confidence in investing in illiquid assets.
The Pensions and Lifetime Savings Association (PLSA) has welcomed plans to incorporate performance fees in the charge cap, but the Association of Consulting Actuaries (ACA) warned performance fees are “not the only headache” for defined contribution (DC)...
Government proposals to employ a charge cap smoothing mechanism in a bid to incentivise defined contribution (DC) pension scheme investment in illiquid assets could have the opposite effect, says the Society of Pension Professionals (SPP).
Con Keating says now may not be the right time to boost scheme allocations to illiquid assets.