Defined contribution (DC) pension members are heading for a “worse catastrophe than previously thought” with regards to adequacy models, according to PTL.
The industry needs to proceed with caution when giving members’ the illusion they have voting rights on the shares in their pension scheme, PTL says.
The pensions industry should “take advantage of our increasingly connected society” to drive enhancement in pensions, PTL says.
Defined contribution (DC) scheme consolidation could be undone as diseconomies of scale begin to emerge, says PTL managing director Richard Butcher.
Trustees should not automatically dismiss investments in certain sectors on the basis of their core operations but consider their wider fiduciary duty to members, says Richard Butcher.
ClearGlass Analytics has closed a £2.6m funding round as it delivers greater accountability to pension funds and the wider asset management market.