Barry Parr highlights the importance of DC trustees having a greater understanding of the security of their assets.
Just 30% of defined benefit (DB) pension funds have developed an integrated approach to risk management, according to a survey by Xafinity.
The £1.7bn Royal County of Berkshire Pension Fund is in discussions to join the investment pool set up by London Pensions Fund Authority (LPFA) and Lancashire County Council Pension Fund.
Defined benefit (DB) pension schemes are more satisfied with their investment consultants (83%) than defined contribution (DC) plans (79%), according to the National Association of Pension Funds (NAPF).
The overwhelming majority (94%) of HR directors believe that HR and finance teams should work together more closely to help boost company performance and profits, research finds.