The consolidation of smaller, higher-charging schemes, increased contribution rates and a move away from investment lifestyling towards DGFs and real assets could significantly boost the size of DC pots, latest analysis by the Pensions Policy Institute...
Low member engagement, poor scheme governance, and multiple pots can be equally as detrimental to defined contribution (DC) funds as opaque charges and high costs, research finds.
Auto-enrolment (AE) minimum contribution rates could rise to 12% by 2030, with a 50/50 split between employer and employee, the Pensions and Lifetime Savings Association (PLSA) says.
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
Pension freedoms could generate as much as £1.9bn a year in tax revenue for the next 10 years, according to research by the Pensions Policy Institute (PPI).
The Pensions Policy Institute has called for the introduction of default decumulation pathways. James Phillips says the innovation could be risky, but is a worthwhile cause.