All Defined contribution articles – Page 121
-
NewsPensions unfair to younger generation, industry says
The current pension system is unfair to the younger generation, the majority of participants at a debate hosted by professional trustee company Law Debenture this week agreed.
-
Features
What role does property play in retirement planning?
Analysis: The British population’s fixation on property ownership is one of our enduring national characteristics. But as property wealth grows, and pensions and investment income continues to falter, is home ownership becoming more intertwined with retirement saving?
-
OpinionWhy we need to empower the next generation
Redington’s Rob Gardner says UK pensions policy needs to be decoupled from politics and a large-scale education programme put in place, to prevent the next generation facing financial hardship in old age.
-
OpinionOur priorities and approach – an update from the Pensions Regulator
Lesley Titcomb reveals which issues top the regulator’s agenda over the next three years.
-
News
Consultations to flesh out details of secondary annuity market
The Financial Conduct Authority and HM Revenue & Customs have both launched consultations to shed further light on how the secondary annuity market could work, but questions were raised about the projected level of take-up.
-
FeaturesThe push-me-pull-you: In which direction is UK retirement saving headed?
Analysis: The introduction of a workplace Isa, mooted in a new proposal this week, could present both the UK workforce and employers with a radical new alternative, but how can developments in government policy drive the sea change needed in the UK’s savings culture?
-
OpinionAre mastertrusts financially stable?
Professional trustee company PTL’s Richard Butcher takes a closer look at the financial risks mastertrusts take.
-
News
Women undersave due to childcare, but AE carer credits unlikely
Women do not save enough for pensions due to the persistence of the breadwinner model and a lack of confidence in their own financial aptitude, a new study shows. Despite this, a proposal to introduce carer credits to auto-enrolment was rebuffed by the pensions minister this week.
-
News
ABI launches consultation on jargon-busting to empower members
The Association of British Insurers has this week launched a consultation and draft guide aimed at simplifying the language used to explain freedom and choice to savers.
-
News
How alignment of interests can improve member outcomes
Real change in the investment industry is needed to drive alignment of interests along the value chain, delegates at the CFA Professionalism Conference heard, as panellists criticised the current state of communication between fund managers and asset owners.
-
News
Regulator announces mastertrust crackdown
The Pensions Regulator has announced plans to crack down on poorly governed mastertrusts, as auto-enrolment begins to show clear winners and losers among schemes.
-
News
Aldermore ups matching in employee retention drive
Retail banking group Aldermore has increased its matching contribution offering as part of a wider overhaul of employee benefits aimed at improving employee retention.
-
News
TPAS call volumes balloon since freedoms
The Pensions Advisory Service has seen a 71 per cent increase in enquiries since the introduction of freedom and choice in April last year, showing the need for accessible guidance.
-
OpinionFreedom and choice one year on – how far are we now?
Recent data on how pension funds are being used shows a need for direction from employers, trustees and providers in the wake of freedom and choice, says Mark Pemberthy from JLT Employee Benefits.
-
Features
Hubbub probes ESG ahead of provider appointment
A small charity is prioritising environmental, social and governance factors in the selection of its workplace pension provider, making use of recent analysis which ranks the UK’s nine largest providers according to their responsible investment practices.
-
OpinionRe-enrolment: Pitfalls your scheme should look out for
Re-enrolment seems straightforward but there are a few wrinkles to look out for, says Linklaters’ Sarah Parkin.
-
News
Withdrawals slow as freedom and choice demand eases
The pace of withdrawals from defined contribution pension pots started to slow in the three months between October and December 2015, as pent up demand following the introduction of freedom and choice began to ease.
-
OpinionA closer look at the Lisa
The Pensions Management Institute’s Tim Middleton questions the Lifetime Isa’s real purpose and asks what effect it will have on society.
-
News
Annuities gain ground on drawdown as savers seek income for life
The anticipated plundering of pension funds following the implementation of the freedom and choice reforms last April has failed to materialise, according to data from the Association of British Insurers.
-
OpinionBreak down DC charges to assess value for money
Value for money is at the heart of defined contribution, but asset manager AB’s David Hutchins says cheap investments do not always make for a cheerful retirement outcome.