All Defined contribution articles – Page 84
-
News
Regulator’s AE report: Work still to do despite policy success
A transformation in levels of workplace pension scheme participation following automatic enrolment has been applauded by experts, but engagement and average contributions remain low.
-
News
KPMG in exclusive talks with Exponent to sell pensions arm
On the go: KPMG has confirmed that it is in exclusive talks with private equity firm Exponent to offload its pensions arm.
-
OpinionWhat does ‘value’ mean for UK DC schemes?
Data crunch: Broadridge Financial Solutions’ Jonathan Libre dissects the ongoing debate around cost versus quality when it comes to delivering value to members, and why the market might be shifting away from a focus on low costs.
-
Features
How can UK climb up global pension rankings?
Data Crunch: The UK is now the fourteenth-best pension system in the world scoring a C+, according to the 2019 Melbourne Mercer Global Pension Index, but low adequacy and sustainability scores suggest there is still a long way to go to improve retirement outcomes for members.
-
FeaturesMinimum AE contributions cannot achieve ‘comfort’ in retirement
The industry has welcomed the Pensions and Lifetime Savings Association’s retirement income standards, but experts warn current minimum contribution levels are not enough to get average savers over the line from a minimum to a moderate lifestyle standard.
-
News
As Nest adds private credit, should platforms ditch daily dealing?
Asset management platform providers have been urged to open up defined contribution schemes’ access to private market funds, following the announcement of a third private credit mandate by Nest.
-
News
BNP Paribas swells the ranks of Nest’s private credit hires
On the go: Master trust Nest has taken another step in its move into private credit, with the hire of BNP Paribas Asset Management as a diversified global loans specialist.
-
News
PASA president warns over data costs
On the go: The president of the Pensions Administration Standards Association has warned that the poor quality of pension scheme data could frustrate the efforts of pensions dashboards.
-
News
Traditional pensions fail millennials, finds Smarterly
On the go: A report has questioned whether employers truly understand their employees’ financial priorities.
-
News
10k-20k-30k: PLSA launches new retirement living standards
On the go: The Pensions and Lifetime Savings Association has launched its retirement living standards, an attempt to translate savings targets into a description of the quality of life they will actually enjoy in later life.
-
News
Nest membership shrug off 2018 AE rate hikes
On the go: Members of master trust Nest were largely immune to the 2018 rise in minimum auto-enrolment contributions, according to new analysis showing opt-out rates remained stable.
-
Features
Can schemes save members from retirement age lottery?
Analysis: Workers risk missing out on optimum retirement savings by not supplying their workplace pension provider with an intended retirement age, experts warn. But in the age of inertia, what can be done?
-
News
Self-employed want help with long-term finances, study finds
An investigation into the saving habits of the self-employed has found that entrepreneurs want help to save for the long term, but are put off by the inflexibility and specific goal of pensions.
-
Features
Government must revise AE or ‘risk leaving a whole generation behind’
Current minimum automatic enrolment contribution levels are not enough to plug the savings gap, with more savers expecting to work well into retirement, say experts.
-
OpinionIt is time for the industry to face up to its data problems
Poor record-keeping has long been the elephant in the room in the pensions sector.
-
News
Authorised master trust group swells to 33 providers
On the go: Two more master trusts have been authorised by the Pensions Regulator, bringing the total number of regulated providers to 33.
-
Features
Industry cool on VC despite patient capital drive
The government has doubled down on its view that no change to the level of the charge cap is needed to encourage defined contribution schemes to access venture capital investments, but some experts doubt whether such high-risk investments are a fit for default funds in the first place.
-
News
Cardano completes acquisition of Now Pensions
On the go: Pensions risk and investment management specialist Cardano has completed the acquisition of Now Pensions, an auto-enrolment provider serving over 30,000 businesses and 1.7 million pension savers.
-
OpinionMaster trust regulation: Lessons from South Africa
Paul Williams of Baker McKenzie draws upon his experience in South Africa to argue that, in time, the UK’s master trusts will be seen as financial products, not pension schemes – and regulation will have to adapt.
-
FeaturesExperian staff up contributions following education programme
Credit score provider Experian has rolled out a pensions education programme for its staff, leading to 29 per cent of employees increasing pension contributions and 70 per cent asking for further guidance.