All Decumulation articles
-
In DepthIn Depth: Exploring the £1.2trn defined contribution landscape
The latest edition of the Pensions Policy Institute’s DC Future Book shows a maturing landscape for defined contribution provision, amid profound policy shifts.
-
OpinionAdequacy is the challenge of our time – but what can be done?
Vidett’s Ben Salmons and Mike Birch respond to the regulator’s recent missive on adequacy and decumulation, arguing that the two must be considered separately for reforms to truly be effective.
-
NewsDC schemes should consolidate to support guided retirement aims, TPR says
The Pensions Regulator has once again urged small pension schemes to consolidate to ensure they comply with forthcoming duties related to decumulation contained within the Pension Schemes Bill.
-
NewsLifeSight passes £1bn milestone in drawdown assets
WTW’s defined contribution master trust has hit a significant milestone as retirement savings pots grow and ‘Generation DC’ approaches retirement.
-
OpinionHow can pension providers align decumulation with member outcomes?
Kirsty Ross of People’s Partnership looks at the government’s proposal for pension schemes to offer default decumulation services, and how these might best be designed.
-
FeaturesDC adequacy is ‘number one challenge for the decade ahead’ around the world
The Thinking Ahead Institute’s latest peer study warns that low contributions, cautious defaults and poor decumulation design are leaving members exposed – with income adequacy expected to take decades to resolve.
-
OpinionUnlocking value through diversification, decumulation and infrastructure
Mobius’s Hugh Cutler explores how the defined contribution landscape has changed – and what pension schemes and providers must do to keep ahead of the curve.
-
NewsAviva launches ‘guided retirement’ offering for master trust members
Aviva is the latest company to introduce a flexible retirement product, with the Pension Schemes Bill requiring providers to offer default pension income solutions.
-
NewsSackers poll: Surplus reform and decumulation top industry wish list
Trustees and employers have backed surplus flexibility and retirement income solutions in the Pension Schemes Bill – but Sackers warns that pensions adequacy risks being overlooked.
-
NewsAsset managers get behind ‘targeted support’ drive for pension savers
The asset management industry’s trade body has said the planned ‘targeted support’ regime for people approaching retirement will be “critical” in ensuring good outcomes.
-
NewsOne-size-fits-all retirement ‘no longer enough’, research suggests
Two thirds of pension savers polled by YouGov want greater flexibility when accessing their retirement savings.
-
NewsAnnuity rates reach highest point of the decade
Average annuity rates reached 7.72% in March – a 10% year on year improvement
-
OpinionThe Friday Takeaway: Retirement riddles and toddlers’ trousers
This week brought news of post-retirement offerings from two major master trusts, as the industry attempts to solve a particularly vexing problem. Pensions Expert’s Nick Reeve, meanwhile, is worrying about trousers.
-
In DepthNest to tap into bulk annuity market to support post-retirement proposition
The UK’s largest defined contribution master trust has set out its post-retirement model, which will include flexible drawdown and a novel use of the bulk annuity market.
-
NewsTPT unveils ‘groundbreaking’ retirement income offering
The announcement comes after the government published plans for default post-retirement offerings in the Pension Schemes Bill last week.
-
News‘Game changer’: Pension Schemes Bill laid before parliament
The government will today introduce the much-anticipated Pension Schemes Bill to parliament, setting the stage for a wide-ranging and ambitious overhaul of workplace pensions in the UK.
-
OpinionThe Friday Takeaway: Attempting to solve the ‘nastiest, hardest problem in finance’
After an illuminating day at the Pensions Expert DC Strategic Summit last week, editor Nick Reeve opines on the decumulation dilemma.
-
NewsDC retirees risk running out of savings without major reforms, warns IFS
A major new report has called for the government to reform its regulations to support DC savers in retirement.
-
News
Master trusts questioned over service quality and ‘robustness’
A new report has questioned whether defined contribution master trusts have the capacity and service quality to deal with system shocks, as the government looks for providers to boost their scale.
-
NewsChurch of England eyes CDC as consultation launches
The government has launched a consultation on regulations for multi-employer CDC schemes as it seeks to “modernise” the pension system.