DC & Auto-enrolmentRSS

Master trust retirement outcomes 5% above pre-pandemic levels

News on the go

On the go: Expected retirement outcomes for defined contribution master trust members now sit 5 per cent above pre-pandemic levels, according to Hymans Robertson.

New SPP president targets DC outcomes


The Society of Pension Professionals’ new president, Steve Hitchiner, has demanded greater focus on outcomes for defined contribution scheme members.

Aegon and LCP criticise ‘damaging’ FRC dashboard proposals


Aegon and LCP have issued stern rebukes of the Financial Reporting Council’s proposals for calculating pensions projections for the dashboards, with Aegon arguing that the FRC’s preferred methodology would “damage the whole intention behind dashboards”.

Weekly Roundup: Stop getting old

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This week – Annuities make a slow comeback, trustees complain TPR’s new single code is causing them anxiety, regulators decide there should be a ‘consistent and structured’ approach to value for money, and a judge invokes a precedent from 1843 in a lawsuit against the USS.

Mindset shift key to private markets in DC, trustees told


Allocating capital to long-term illiquid assets requires a shift in focus from cost to value, according to panellists at the Pensions and Lifetime Savings Association’s investment conference.

Annuities make slow comeback as retirees look for income certainty


After a decline in annuity sales following the pension freedoms, the market seems to have levelled off with purchases accounting for around 10 per cent of total market share, according to the Pensions Policy Institute. 

Government urged to revise at-retirement guidance to help trustees

News on the go

On the go: Panellists at the Pensions and Lifetime Savings Association’s investment conference have called for a revised framework for at-retirement guidance to allow trustees to give more support to members considering their options.

TPR, FCA to push for ‘consistent and structured’ approach to VfM


The Pensions Regulator and the Financial Conduct Authority are to push for a “consistent and structured” approach in the proposed new value for money framework governing defined contribution schemes, shifting the focus away from costs and towards “long-term value for pension savers”.