Pensions Buzz

The majority of respondents said trustee boards should do more to review the performance of trustees, although many acknowledged this was a difficult task.

The majority of Buzz contributors believe an annual management charge (AMCs) is generally the most appropriate charging structure for workplace defined contribution (DC).

The industry is less convinced that DA will be taken up by smaller companies, with almost half this week's respondents saying no option under consideration would appeal to this sector.

Many Buzz respondents believe large employers will be interested in the Department for Work and Pensions' (DWP) defined ambition (DA) proposals.

Buzz respondents were split fairly evenly between two of the options proposed by the government for a cap on charges in auto-enrolment (AE) scheme, and leaving well alone.

Respondents said it was not up to schemes to push companies they invested in to pay staff the ‘living wage'.

PP research reveals most readers think consultancy charging is inappropriate in all defined contribution (DC) schemes.

The majority of contributors said that having completed The Pensions Regulator's (TPR) trustee toolkit was not in itself a guarantee of a trustee's competence.

The vast majority of contributors said there was a role for assets like property and infrastructure in defined contribution (DC) strategies.

The majority of respondents to this week's Buzz want the ban on consultancy charging in auto-enrolment (AE) schemes to be extended to cover all defined contribution (DC) schemes.