All Defined contribution articles – Page 132
-
Opinion
Why opt-outs are not the only measure of AE success
LCP’s Andy Cheseldine argues initial opt-out rates of people choosing to reject their new workplace pension could yet change, and the industry “should be careful that too many workers are not excluded in the long-term”.
-
Opinion
Nest’s chief on the new breed of AE experts helping SMEs
Talking head: Nest’s Tim Jones says more than seven in 10 smaller companies will want assistance with their auto-enrolment process, but there is a new group of AE professionals stepping into the breach.
-
Opinion
How can DGFs adapt to fit under the DC charge cap?
Kevin Frisby from LCP, JLT Investment Consulting’s Allan Lindsay, Axa IM’s Yoram Lustig, HR Trustees’ Giles Payne, Aon Hewitt’s Ryan Taylor and Bruce White of LGIM discuss how diversified growth funds can work in line with the defined contribution charge cap, in the third of a four-part panel discussion.
-
Features
SME to auto-enrol nine months early to ease process
Nutrition provider Dr Schär UK has completed preparations to begin auto-enrolment in January, nine months ahead of its staging date, in order to ease its reporting and payroll processes.
-
News
Taskforce recommends social impact investment for DC
Defined contribution pension schemes should offer members the option to include social impact investments in their portfolio, a government-led taskforce has said, but consultants foresee barriers to take-up.
-
News
How scrapping 55% 'death tax' could affect your DB scheme
Consultants have again predicted greater interest in transfers out of defined benefit schemes following the proposed removal of inheritance tax on pension pots, while others doubted the changes would have much impact.
-
News
What the ONS data tell us about contribution habits
Official data have shown employers with between 1,000 and 4,999 employees on average contribute more to their defined contribution schemes than their larger and smaller counterparts, as industry experts call for increased contributions.
-
Opinion
Why independent assurance beats mandatory regulation for master trusts
In the latest Informed Comment, advisory firm CCW’s Andrew Penketh makes the case for the master trust assurance framework, as opposed to a mandatory regime whose costs would be passed on to members.
-
News
Consultants call for more flexible DC retirement products
Industry figures have called for flexibility to be built in to defined contribution solutions, as the first post-Budget products aimed at members looking to draw down income at retirement reach the market.
-
News
Industry looks for answers for low earners missed by AE
Industry experts have zeroed in on auto-enrolment eligibility and the ‘soft compulsion’ of the government’s workplace pensions reform as areas that could be improved to help close the retirement savings gap.
-
News
Channel 4 looks to shut off DB accrual to quell deficit increase
Channel 4 plans to close its defined benefit pension scheme after its deficit more than tripled, having paused its consultation to give members a chance to understand the personal impact of the changes.
-
News
How lifting Nest restrictions could affect the market
The lifting of restrictions on contributions and transfers to state-backed mastertrust Nest will make it more compelling for employers, but a rival mastertrust has called for oversight of its funding arrangements.
-
Opinion
Webb: My pension schemes bill is focused on the saver's experience
Last week, I had the privilege of introducing the pension schemes bill to Parliament, and seeing it receive an unopposed second reading.
-
News
TPAS: 'Joined-up' guidance guarantee essential
The Pensions Advisory Service has said those organisations tasked with delivering the guidance guarantee should be “joined up” with the adviser community to improve member outcomes.
-
Opinion
What you need to know from the pension schemes bill second reading
This week the new pensions bill had a second reading in the House of Commons, the first opportunity for members of parliament to debate its main principles.
-
Opinion
Altmann: Eight building blocks of the guidance guarantee
Talking head: Industry expert Ros Altmann runs through what scheme members should expect from the guidance guarantee, including the impact of tax, inflation, and the cost of future care.
-
News
How the PPI's answers to the adequacy question stack up
The Pensions Policy Institute has said higher statutory contribution levels for median-higher earners and more contribution-matching could improve retirement outcomes, but has received a mixed response including warnings of unintended consequences.
-
News
Vodafone revisits scheme comms after bringing onboard 6,200 members
Vodafone is reviewing its communication strategy after a significant increase in the size of its defined contribution pension plan following auto-enrolment and an influx of members from its Cable & Wireless acquisition.
-
Opinion
The rise and rise of cash in lieu for FTSE 100 execs
It seems we have reached a tipping point where defined benefit is no longer the most common pension arrangement of FTSE 100 companies.
-
Opinion
Does your trustee board have a women problem?
Any other business: The prime minister is not the only one facing questions over diversity. A quick glance around the pensions industry shows white, middle-aged men make up the majority of trustee boards.