Annual report shows 9.9% five-year returns for 2045 growth phase fund
Report sets out opportunities for DC schemes to contribute to UK growth while delivering strong outcomes for savers
Industry also concerned about the supply of UK-specific assets
Signatories say commitment is ‘dependent’ on enabling government and regulatory actions
A panel of experts look at the benefits and drawbacks of DC consolidation
Isio report reveals DC master trusts are planning greater UK illiquid asset investment
Sources tell Sky News and FT the move could unlock more than £60bn held in DB schemes
Consultation looks at building scale, DC investment in the UK and innovation including the lifetime pot
LCP says alternative approach would deliver better results more quickly for government
DC megafunds will lead to ‘massive’ cost and disruption and may fail to deliver stated aims