Collective defined contribution (CDC) schemes will need to adopt a new investment approach that moves beyond traditional portfolio metrics to focus on member experience, LCP says.
Minister says transaction complied with rules in a way not anticipated when they were set
Recognising excellence among schemes, consultants, asset managers and providers
Sector welcomes the additional clarity but warns ‘the devil will be in the detail’
Industry welcomes key changes to traffic-light transfer conditions
LCP says record insurer capacity has exceeded short-term demand
The body said regulations would apply from the 2027/28 tax year
Pension experts say the sector must help savers understand their own targets and how to reach them
Transaction secures the benefits of all 2,361 scheme members
Professional Pensions has compiled a list of the main professional trustee firms currently operating in the UK occupational pensions market.