Smart Pension

The Department for Work and Pensions (DWP) has launched a consultation setting out proposals for the adoption and launch of simpler annual benefit statements. Holly Roach reports

The government-backed Star Initiative has reached 50 signatories, surpassing its initial target of 30. Holly Roach looks at the project’s progress.

TPR’s consultation on the future of trusteeship closed last week, but there are mixed views on its proposals. Kim Kaveh looks at the industry’s responses.

Improvements in governance are leading to increasing investment innovation in DC. In this roundtable, panellists discuss charges, alternative investments and how schemes are approaching ESG

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.

Ten pension schemes representing over 19 million members and more than £150bn in assets under management have written a joint public letter endorsing the Cost Transparency Initiative (CTI).

Smart Pension and The Lewis Workplace Pension Trust have been authorised by The Pensions Regulator (TPR), taking the total number of approved schemes to 22.

Smart Pension's head of policy and communications says Now Pensions' AE index was propaganda but raises the issue of the long-term effect of charges.

The Pensions Management Institute (PMI) has elected Tim Phillips as vice-president, taking over the office from Lorraine Harper.

Auto-enrolment (AE) provider Smart Pension has launched a simplified and standardised two-page annual statement, which members can view on its online app.