All Defined contribution articles – Page 106
-
FeaturesBrexit will have little impact on admin, experts say
In pension terms, Brexit is widely expected to affect sponsor covenant and potentially regulation, but will it change how schemes pay pensioners who live in the EU?
-
News
PLSA urges schemes to focus on ‘inputs’
A new report on pension scheme governance calls for greater focus on improving the quality of structures and personnel, or ‘inputs’, and argues that processes have received excessive attention.
-
OpinionIt is time for ethical investing to evolve
Schemes should poll members to create an environmental, social and governance policy that they can have confidence in, says Stephen O’Neill from master trust Nest.
-
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?
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
OpinionWhat we can learn from DC in the US
How are US benefit providers boosting member engagement? Mark Sullivan at Fidelity Investments Benefits Consulting explains how the UK can learn from communications and data techniques used across the pond.
-
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.
-
OpinionThe corporate view: Final salary, Care or DC?
Ruth Bamforth at Walker Morris looks at corporate attitudes to pensions and the many ways in which pension provision differs depending on sectors, affordability and regulation.
-
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.
-
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.
-
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.
-
OpinionWhich retirement option should your default strategy target?
Maria Nazarova-Doyle at JLT Employee Benefits explains why the default outcome should be seen as more than just a single option.
-
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.
-
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.
-
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.