All Defined contribution articles – Page 10
-
NewsReeves to set out vision for DC ‘megafunds’
The government wants to hasten the consolidation of defined contribution (DC) schemes to realise economies of scale, increase domestic investment and improve governance standards.
-
NewsIs bigger really better? Industry reacts to ‘megafunds’ plan
Chancellor Rachel Reeves has been urged to support trustees’ fiduciary duty and ensure there are sufficient UK assets for her planned “megafunds” to invest in.
-
NewsThe Pensions Regulator publishes rulebook for CDC schemes
TPR will send schemes annual evaluations setting out risks, actions and the regulator’s planned supervisory “intensity”.
-
NewsAegon plots commercial dashboard launch
Aegon is planning to launch a commercial pensions dashboard once the data ‘ecosystem’ for the concept is up and running.
-
NewsCDC legislation planned for next year, says pensions minister
Pensions minister Emma Reynolds expects fresh legislation for collective defined contribution (CDC) schemes to be laid next year – but they are not expected to feature “directly” in the pensions bill.
-
OpinionHoping for clarity on Value for Money
The Society of Pension Professionals’ Brian McBride sets out the organisation’s views on how to improve the proposed Value for Money framework.
-
NewsOpperman: Consolidation needs to be harder, better, faster, stronger
Former pensions minister Guy Opperman has called for workplace pensions consolidation to be accelerated and extended to include commercial providers and even regulators.
-
FeaturesAon’s dashboard approach and the importance of DC income
Independent pensions dashboards consultant Richard Smith continues his series of monthly case studies looking at how providers are preparing for the connection deadlines.
-
NewsPeople’s Pension halves carbon footprint of main default fund
A new report shows significant progress on reducing the £30bn master trust’s portfolio emissions after a major asset allocation shift earlier this year.
-
FeaturesBudget 2024: Time to reconsider salary sacrifice?
With chancellor Rachel Reeves announcing plans for UK businesses to foot the bill for a £40bn tax increase – primarily through national insurance contributions – attention has turned to where companies can offset this cost.
-
FeaturesCulture clash: bringing AI into pensions
From communications to greater organisational efficiency, AI will bring many benefits to pension schemes – but it does come with risks.
-
News‘Companies are not listening to us’: DC schemes’ net zero challenges
Sustainability leaders at Nest and NOW Pensions outline issues with engagement and achieving stewardship goals that risk stalling the momentum of tackling carbon emissions and climate change.
-
NewsGeneration Rent retirees could be forced to flee from cities to find housing
Review housing plans and set out a roadmap for improving adequacy, the International Longevity Centre tells the government.
-
NewsNOW Pensions accelerates climate action
A massive 76% of total holdings in the diversified growth fund are now directly linked to the trustee board’s responsible investment objectives.
-
NewsFind an alternative to DC – or else
We need an alternative to DC for a dignified retirement, former general secretary of the Communication Workers Union warns. Could CDC be the sustainable alternative to DC that society needs?
-
NewsIncentives needed to invest in productive finance, say master trusts
Master trusts believe more support from both the government and the asset management industry is needed to invest in productive finance.
-
OpinionLessons from the DC Future Book
Shantel Okello of the Pensions Policy Institute explores how the DC market has evolved over the past decade and looks forward to what it may look like in another 10 years’ time.
-
NewsLook beyond dashboard connection date, schemes told
With a connection timeline established, trustees need to address dashboard needs and work with third parties to achieve them, delegates at the PLSA conference heard last week.
-
NewsUK pension system declining against other countries, research shows
The UK’s pension system has lost its top-10 position among global retirement systems, according to the latest Mercer CFA Institute Global Pension Index.
-
NewsValue for Money plans not set in stone, say regulators
The FCA and TPR are open to changing their planned ‘red-amber-green’ model for the Value for Money framework as the consultation process continues.