All Defined contribution articles – Page 100
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OpinionIt is time for ethical investing to evolve
Savers have been engaged with ethical investing in the UK for about 30 years. While the market has evolved somewhat in that time, it is fair to say it has not kept pace with developments elsewhere, such as in defined contribution investing.
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Opinion
How do you pick a good pensions manager?
Any Other Business: From supervising providers and monitoring scheme performance to managing key relationships, the modern day pensions manager is now the ultimate multitasker. So how easy is it to find the perfect candidate?
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Opinion
Asset manager mergers: How they affect pension schemes
Analysis: The recent uptick in mergers and acquisitions activity in the asset management industry has sparked debate among experts over potential ramifications for schemes. Fees, innovation and relationships with managers could all be affected.
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OpinionDoes your scheme offer value for money?
Comparing schemes on value for money is not an easy task. Costs and fees vary in level and structure. Past performance is an imperfect measure of future success.
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Opinion
How can DC schemes deliver value for money?
There are few more prolific terms overheard in the pensions industry than value for money, and far fewer that evade objective definition quite so comfortably.
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FeaturesCaterpillar default to target drawdown
Trustees of the Caterpillar Defined Contribution Pension Plan have decided to change the scheme’s default fund to target flexible drawdown, as industry experts highlight the importance of looking longer term and communicating default changes carefully.
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News
Report calls for legal right to partial DB transfer
Members of defined benefit pension schemes should have the legal right to partially transfer their pension rights, a new report has said. It also recommended enhanced disclosure and broader consideration of client profiles.
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News
Annuity market shrinks further but expects little impact on rates
The annuity market was shaken up last week when Canada Life agreed to acquire Retirement Advantage. Just six annuity providers remain in the open market.
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News
Employer contributions key to AE popularity with millennials
Recent research has shown that millennials are welcoming auto-enrolment, prompting industry figures to highlight the positive role of employer contributions and the continued need for improved understanding of retirement saving.
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OpinionThe corporate view: Final salary, Care or DC?
The demise of the final salary pension scheme has been well documented in the press. Most employers have put in place a defined contribution scheme to comply with their duty to automatically enrol employees, but does that really reflect the corporate attitude to pensions?
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NewsScottish Widows switches DC defaults to target drawdown
Scottish Widows has changed the default investment strategy of its group personal pension plan clients to target flexible access drawdown instead of an annuity, as member demand continues to shift away from guaranteed income.
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NewsJ&J finds remedy for MNT recruiting ailment
Johnson & Johnson’s wide-ranging communications campaign encouraging scheme members to stand as trustee candidates shows it is possible to find “good quality” member-nominated trustees.
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Features
Mastertrusts and platforms: A match made in heaven?
Analysis: Greater efficiency and the ability to access a broader range of investments are some of the reasons why mastertrusts appoint third party investment platforms, but as with all providers, monitoring is key, experts say.
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OpinionWhich retirement option should your default strategy target?
While the question of what a default option should target is a valid one, it implies a couple of common misconceptions.
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FeaturesBayer latest scheme to move to mastertrust
Pharmaceutical company Bayer has closed the defined contribution section of its pension plan and transferred members to a mastertrust, a move experts say has become increasingly common in recent years.
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News
Trustee pay falls as workload ramps up
The average pension scheme trustee is being asked to dedicate more working days than ever to the running of a scheme, and is being paid less to do so, a survey released on Thursday has suggested.
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News
Calls for action on complexity at heart of DB transfer delays
Increased demand for defined benefit pension transfers, lack of transfer experience among independent financial advisers and complexity of DB pensions is adding to transfer delays by putting strain on administrator resources, recent research has shown.
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OpinionPractical steps for improving DC savings
These are difficult times for pension savers. The long-term transition away from defined benefit, combined with low wage growth, increased life expectancy and lukewarm market outlooks, means many will find it challenging to achieve the kind of retirement they desire.
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OpinionWhy people turn to equity release for retirement income
Analysis: Statistics show equity release is becoming more popular, but is it the right answer for property owners with inadequate pension provision?
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News
More people accessing freedoms, but industry image concerns remain
The number of people taking advantage of pension freedoms increased in the second quarter of this year, but while this signals an increased awareness of freedom and choice, experts say there is still a need to improve trust in the industry.