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Latest DC news
OBR data challenges government claims on salary sacrifice cap
New data analysis shows that many people the government has claimed are “protected” from changes to salary sacrifice will still lose out when the cap is introduced in 2029, according to LCP’s Steve Webb
Master trusts back trustee training as government eyes standards
With the DWP consulting on raising trustee standards, the Pensions Management Institute has expanded its trustee training initiative with the help of four master trusts.
Scottish Widows buys into private markets through new master trust strategies
The master trust provider has launched two new investment portfolios with exposure to private markets through bespoke long-term asset funds.
‘Dashboard health check’ urged as workers unsure of contributions
The Money and Pensions Service (MaPS) should introduce “pensions dashboard health checks” to help savers understand their financial positions, according to a new report from the Social Market Foundation.
Nest and Rothesay to develop bulk deferred annuity for guided retirement service
The UK’s largest defined contribution (DC) master trust has appointed pension insurance specialist Rothesay to co-design a bulk deferred annuity as part of its planned post-retirement offering.
Collective defined contribution news
Outlook 2026: Making collective DC a reality
Pensions Expert asked CDC experts for their views on what 2026 holds for the nascent CDC sector, what challenges are still to be met, and how proponents should communicate this new model to savers.
SPP: The long road from CDC concept to reality
The collective defined contribution (CDC) concept is slowly gaining traction, but Iain McLellan of the Society of Pension Professionals asks whether it needs its own ’electric vehicle moment’ to gather more traction across the industry.
Communicating collective DC: Handle with care
With collective defined contribution rules now laid before parliament, Roberto Marrocco, a policy adviser at the Association of British Insurers, explains why communicating this new structure needs care and attention to detail.
Communication, communication, communication: Industry sets out priorities for CDC success
Respondents to the government’s consultation have emphasised the need for retirement-only CDC to be clearly communicated to members and closely aligned with the Pension Schemes Bill’s ‘guided retirement’ rules.
More DC news
First Actuarial offers financial wellbeing tool to charities
In a recent survey of the charity sector, the consultancy highlighted contrasting fortunes among non-profit groups’ pension schemes – something it aims to address through a renewed partnership.
‘Urgent need’ for financial education, People’s Pension survey warns
A survey commissioned by the People’s Pension master trust has found that most adults are concerned about a lack of financial education and the impact it could have on current and future generations.
Help shape Value for Money framework, TPR tells trustees
The Pensions Regulator’s director of policy has called on trustees to engage with the ongoing Value for Money framework consultation to “help shape the standards that will define saver outcomes for years to come”.
Should savers be allowed to use pension pots to access the housing market?
With more and more people expected to have to rent into their retirement, Nest Insight has conducted a year-long study into whether savers should be given early access to their pensions to fund a house purchase.
Comment and opinion
PPI: There’s more than one way for a pension to be inadequate
Rory Murphy: Should pension funds be more Machiavellian?
The Friday Takeaway: It won’t be easy being (dark) green
Closing the gap between promise and proof on pensions
SPP: The long road from CDC concept to reality
Communicating collective DC: Handle with care