The industry has broadly rejected a wholesale shift of the current pension tax system towards an Isa-style approach, but some have woven together several ideas in an attempt to better incentivise saving.
Employers and providers are being compelled to address the suitability of default 'lifestyling' strategies in defined contribution schemes as part of a wider consultation by the City watchdog to improve the pension market for consumers.
Welsh local authority pension funds have made progress on mapping the road towards pooling their assets, but along with their peers are awaiting further details on the criteria around governance, size and cost.
Mastertrust Nest has experienced increased take-up of its professional services online hub in the run-up to the biggest waves of auto-enrolment stagers next year, but micro employers’ preparations are still lagging behind expectations.
News analysis: Disclosures on fossil fuel investments by local authority schemes have demonstrated the tension between managing the material risks of climate change and upholding fiduciary duty to members.
FT Investment Management Summit: The London Pensions Fund Authority could run as much as half of its assets in-house within the next three years, cutting the fees charged on those assets by three-quarters.
Comment & Analysis
Editorial: Happy birthday China. The people’s republic is 66 this week. It is celebrating with a suitably extravagant garland of floral sculptures including trains, rockets, castles, satellites and even skiers – a nod to the country being awarded the 2022 Winter Olympics.
For too long smaller pension schemes have struggled to have their shareholder voices heard. The AMNT's Janice Turner explains how even the smallest investors can get involved.
The LPFA's new chair, Sir Merrick Cockell, says the argument for change across the LGPS is undeniable and schemes should seize the opportunity.
Video: The Pensions Regulator's chief executive Lesley Titcomb outlines the watchdog's key areas of focus – including a revision of the DC code, the freedom fallout and mastertrust assurance, and touches on the argument for a single regulator (6:11).
Video: Which trends are driving how pension funds are structuring their growth portfolios? M&G Investments' Steven Andrew, Nest's Mark Fawcett and Barnett Waddingham's Marcus Whitehead discuss the opportunities and risks (5:55).
Video: Aviva Investors' Mark Versey, plus HR Trustees' Giles Payne and Redington's Kenny Nicoll discuss how underlying investment strategies are evolving (5:47).