All Default funds articles – Page 4
-
News
Regulator concerned by master trust investments weaknesses
Investment strategies pursued by some of the UK’s authorised master trusts are exposing pension scheme savers to unnecessary risks, according to the Pensions Regulator.
-
News
Master trust members close to retirement lose 8.7% in savings
On the go: The pension savings of master trust members close to retirement are likely to have declined on average by 8.7 per cent during the first quarter of 2020, according to analysis from Isio.
-
News
Diversification helps Nest mitigate FTSE slump
On the go: Diversification in Nest’s default funds seems to be paying off, as the government-backed workplace pension scheme has seen a decrease of 17.6 per cent since the beginning of this year, while the FTSE 100 has fallen by 34.3 per cent.
-
News
Three in five savers want pensions screened for tobacco investments
On the go: Scheme members want more information about which companies their pensions are invested in, with 60 per cent calling for an active screening approach towards tobacco companies, according to new research.
-
PodcastsPodcast: Vegan case flags importance of heeding members
Podcast: Trustees and employers should consult members on their beliefs, and incorporate the investment views of the majority in their pension default fund, according to Romi Savova, chief executive at PensionBee, and David Brooks, technical director at Broadstone. The experts discuss the impacts of a landmark ruling finding that veganism is a philosophical belief, alongside other topics, in this week’s podcast.
-
News
Landmark vegan case could disrupt pensions industry
A landmark ruling finding that veganism is a philosophical belief will have a wider impact in the pensions industry, experts say, but warn trustees to avoid making knee-jerk changes to their schemes.
-
News
BNP Paribas swells the ranks of Nest’s private credit hires
On the go: Master trust Nest has taken another step in its move into private credit, with the hire of BNP Paribas Asset Management as a diversified global loans specialist.
-
News
Workplace DC ‘should favour venture capital despite risks’
On the go: Workplace savers may be missing out on opportunities for better returns if their pension schemes avoid venture capital, a report published on Wednesday has claimed.
-
Features
BAE Systems brings in new default to target drawdown
The BAE Systems Pension Scheme has put in place a new defined contribution lifestyle option targeting drawdown, giving members more flexibility following the introduction of freedom and choice.
-
News
Employers urged to monitor default performance more closely
On the go: Employers should look under the bonnet when reviewing their default fund as there is a huge variation in asset allocation and performance of these products, according to Punter Southall Aspire analysis.
-
News
Co-op trustees opt for green default fund with LGIM
On the go: The trustees of the £11bn Co-op pension scheme, Pace, have chosen Legal & General Investment Management’s Future World Multi-Asset Fund as the default for its defined contribution section.
-
News
Aviva launches ESG default fund
On the go: Aviva has launched a defined contribution default fund with environmental, social and governance considerations at its heart, in line with growing demand from workers.
-
Features
Admin oversight at Aviva delays new default at General Medical Council
The General Medical Council Group Personal Pension Plan has put in place its new default investment option for members more than a year after the intended implementation date, after an administrative oversight at Aviva led to delays.
-
Features
Are DC defaults still lagging on ESG?
Master trust Nest is ahead of the curve when it comes to environmental, social and governance considerations, and while other schemes are catching up, there is still a lot of progress to be made.
-
FeaturesNuclear scheme calls out Prudential for poor value and switches
Trustees of the Combined Nuclear Pension Plan have dropped Prudential as their defined contribution provider, after member-borne charges for its default and other options were rated "poor" in an assessment of value for members.
-
OpinionIn pensions as in Brexit, it pays to plan for the worst
Editorial: The government would not be expected to flirt with the prospect of not achieving a Brexit deal without prior contingency planning. It is time for pension fund trustees to think carefully about what they would do if their sponsor goes under.
-
News
L&G master trust default goes green due to member demand
On the go: The Legal & General Mastertrust is switching its default investment strategy to take account of environmental, social and governance risks, after a study revealed almost 60 per cent of its members favour the approach.
-
Features
Invensys changes DC default to target cash
Trustees of the Invensys Pension Scheme have updated their defined contribution default to target cash instead of an annuity.
-
Features
Data crunch: Do better returns trump greater contributions?
One of pensions’ great conundrums is the question of whether the size of contributions or investment performance has the greater impact on the size of the pension pot.
-
NewsM&B switches to drawdown and moves deferreds to master trust
The Mitchells & Butlers pension scheme has updated its defined contribution default strategy to target drawdown purchase, directing members to a master trust for retirement provision.