All Defined contribution articles – Page 102
-
News
TPR raises bar with mastertrust code of practice
A new authorisation code requiring mastertrusts to demonstrate their financial sustainability may force a number of providers from the market, experts have speculated.
-
News
CWU members vote for Royal Mail deal
The Communication Workers Union has announced that its members have overwhelmingly voted in favour of a deal with Royal Mail over pensions and pay.
-
OpinionIs a TDF approach right for your scheme?
Target date funds have proved popular on the other side of the Atlantic for defined contribution pension schemes, but to date have not had the same success in the UK.
-
Opinion
Which communication strategies are best at boosting engagement?
Mark Rowlands from Nest, Caroline Roberts from VisitBritain, Andy Cheseldine from Capital Cranfield, Nasir Rafiq from Islamic Relief Worldwide, Ami Bartrip from the Financial Times, Rosemary Lemon from Hays and Jason Green from Finance & Technology Research Centre discuss communication and engagement.
-
News
Industry welcomes FCA transfer advice rules
The Financial Conduct Authority has published new rules on pension transfer advice following its research that showed a high proportion of advice was not suitable. It is also seeking views on contingent charging among others. The industry has welcomed the additional clarity provided in this area.
-
Features
Does a good pension scheme improve recruitment and retention?
Analysis: Businesses believe that pension provision is having a positive impact on recruitment and employee retention, according to a recent study, but opinions are divided on whether retirement savings are seen as more than just a nice-to-have.
-
News
Do savers really want access to CDC schemes?
Collective defined contribution looks closer than ever to becoming a reality, but some experts still doubt whether those planning for their retirement even want the product.
-
News
BT agrees to replace DB with ‘hybrid' scheme
BT has announced the closure of its defined benefit scheme and has agreed to develop a ‘hybrid’ solution with the Communication Workers Union.
-
News
Government lowers mastertrust authorisation fees
The government has announced that proposed fees for mastertrust schemes seeking authorisation have been revised downwards.
-
Opinion
Is ESG on course to become the norm in DC defaults?
High profile corporate governance failures, campaigns against the use of plastics, and US pension funds criticised for holding gun manufacturers after the latest school shooting – a powerful combination of recent events has pushed environmental, social and governance investing further up the institutional agenda.
-
Opinion
Governance and investment: What are the duties of employers and providers?
Andy Cheseldine from Capital Cranfield, Nasir Rafiq from Islamic Relief Worldwide, Ami Bartrip from the Financial Times, Caroline Roberts from VisitBritain, Mark Rowlands from Nest, Jason Green from the Finance & Technology Research Centre and Rosemary Lemon from Hays consider the responsibilities of employers and providers in relation to scheme management and default investment.
-
News
BT sweetens DB closure with promise of 'hybrid' scheme
BT has announced the closure of its defined benefit scheme and agreed to work with the Communication Workers Union over a forthcoming ‘hybrid’ solution.
-
OpinionPutting the USS closure debate into perspective
Amid all the debate over actuarial methodologies and affordability, Society of Pensions Professionals president Hugh Nolan says a quick look at contribution rates gives a valuable insight as to whether the public sector is getting a good deal.
-
Opinion
Keeping the grass greener
Nest: Climate change is not just damaging the planet, it could also have a detrimental effect on our members’ investments.
-
Features
Should pension schemes consider helping the banks?
Analysis: Pension schemes have an opportunity to take advantage of banks’ growing capital requirements.
-
News
Govt 'tempted' by latest Royal Mail CDC proposals
The Department for Work and Pensions is “tempted” to lay regulations facilitating the creation of collective defined contribution schemes, following a recent breakthrough by the team drafting proposals on behalf of Royal Mail.
-
NewsVirgin Money introduces financial wellbeing portal for employees
Virgin Money has introduced a financial wellbeing portal to help employees think differently about their relationship with their own money, including retirement savings.
-
OpinionHow can employers, providers and trustees work together to ensure good governance?
Rosemary Lemon from Hays, Caroline Roberts from Visit Britain, Nasir Rafiq from Islamic Relief Worldwide, Mark Rowlands from Nest, Ami Bartrip from the Financial Times, Jason Green from Finance & Technology Research Centre and, Andy Cheseldine from Capital Cranfield, discuss the importance of governance in delivering good member outcomes.
-
OpinionPutting a value on your future
Helen Dowsey from master trust Nest looks at whether and how value for members can be defined and measured.
-
Opinion
Trustees must delve deeper to provide value for members
The future retirement wealth of millennials hinges on how well trustees can identify value for members, so are there key areas where it can be found?