All default funds articles – Page 7
-
Features
Slide towards retail investing faces backlash
Pensions Expert 20th Anniversary: March 19 2014 marked a seismic change in the UK pensions landscape: from the dispatch box in the House of Commons, future newspaper editor George Osborne announced the removal of the requirement to annuitise defined contribution savings, unlocking a world of possibility for scheme members.
-
OpinionReady for the next 20 years?
Pensions Expert 20th Anniversary: The future of pensions has never been less certain than it is today.
-
News
Employers urged to review default offerings
Inconsistency in approaches taken to default defined contribution offerings among large contract-based providers could threaten member outcomes, according to a new report, as separate research confirmed the importance of investment returns later in the savings journey.
-
Opinion
DC Debate Q3: How should schemes invest DC assets in a changing world?
In the third DC Debate of 2017, six defined contribution specialists discuss emerging markets, how Brexit will affect DC investment, and how schemes should decide on a default fund.
-
OpinionWe need flexibility and security in retirement
Freedom and choice has empowered individuals to make decisions based on their unique circumstances. However, this freedom also leads to challenges when making retirement income choices – among them, uncertainty over spending needs and longevity.
-
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.
-
OpinionWhy we need a default option at retirement
In a world of freedom and choice, the in-retirement stage of the defined contribution journey is potentially fraught with difficulty.
-
OpinionPost-retirement defaults are key to better outcomes
The advent of pension freedoms has meant that the government now expects savers to take responsibility for important financial decisions that could mean the difference between an inadequate retirement or a comfortable one.
-
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.
-
OpinionWhich retirement option should your default strategy target?
While the question of what a default option should target is a valid one, it implies a couple of common misconceptions.
-
News
Life events key to engagement, report finds
Moving house, getting a job or starting a family could be the best moments to get people saving, a new report says, but stresses the risks of engagement and continued role of default options.
-
News
Default offerings fail to inform savers adequately
More than a third of default fund providers are failing to meet regulatory guidance asking them to clearly state their product’s objective, according to a new report that highlights communications failings in the sector.
-
OpinionWhy ESG is more than 'nice to have'
Environmental, social and governance investing has boomed in popularity in recent years, driven by a new breed of socially aware investors, who are keen to hold companies they invest in to account.
-
OpinionNot the end of the world
Editorial: It is never nice to see more money leave your wallet than comes in.
-
FeaturesPru amends DC default, as experts warn against 'wait and see' approach
The Prudential staff scheme is due to amend its DC default fund this year in light of the introduction of freedom and choice, amid concerns that some schemes are choosing to wait for retiree data to help them design their default.
-
OpinionIs it time to reframe the mastertrust debate?
From the blog: Mastertrust performance has come under increased scrutiny in recent months. Largely, this analysis has centred on the returns generated by trusts’ generic default funds.
-
Opinion
Is it time for DC defaults to embrace ESG?
Large defined benefit funds and defined contribution mastertrusts have long been using their investments to engage with or divest from companies involved in controversial practices. Now, a renewed public focus on environmental, social and governance issues, as well as corporate reporting, could convince more to follow.
-
Opinion
Pru exit doesn't signal death of annuities... yet
From the blog: Insurance giant Prudential is leaving the UK annuity market, but analysis of ‘at retirement’ product offerings show that guaranteed income still has a significant role in the post-freedom and choice savings world.
-
FeaturesLafargeHolcim reconstructs DC scheme
Building materials giant LafargeHolcim has changed the default fund and administration of its defined contribution pension scheme following a value-for-money assessment.
-
OpinionA clearer picture of AE default funds
Next year marks the start of the busiest period for auto-enrolment. The pensions sector has a new year’s resolution to stage more than a million small employers.