All Defined contribution articles – Page 96
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News
PTL launches transaction cost service
Professional trustee company PTL said it has launched a service for asset managers aimed to help their clients assess investment transaction costs.
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Features
TPT assists banks with risk capital investment
Mastertrust TPT Retirement Solutions is investing in regulatory capital strategies, where the scheme provides risk capital for the loan books of banks. The trust is also making allocations to alternative risk premiums.
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News
Freedoms still have industry in their grip: Top DC stories from 2017
Year in review: The sea change policy of freedom and choice brought in more than two years ago continues to dominate in the defined contribution world.
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News
Govt 'minded' to introduce mandatory trustee ESG statements
The government is to consult on whether trustees should be required to state their policies on sustainability, member concerns and stewardship, and will clarify current legislation as part of a wider push to increase pension investment in social and illiquid assets.
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Opinion
AE review should silence doom-mongers
As 2017 draws to a close, we can take stock of some remarkable statistics on automatic enrolment; over 9m people have been enrolled by over 800,000 employers.
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News
BT scheme cuts TPA contract short to pull admin in-house
The BT Pension Scheme is moving the administration for its 300,000-member scheme in-house next year, not long into a contract extension with a third-party provider.
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News
AE review: Welcome reforms not due until mid-2020s
The government will introduce a package of measures to address issues with auto-enrolment, but questions remain over multiple jobholders and the self-employed, while the timescale has drawn criticism.
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Opinion
Industry is divided over Royal Mail's CDC proposal
Pressure is mounting on the Department for Work and Pensions to lay regulations for collective defined contribution, after mediation between Royal Mail and the Communication Workers Union recommended lobbying government to facilitate their creation of a CDC scheme.
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Opinion
Challenging providers is key to boosting value
Since April 2015, trustees have had to decide whether the costs paid by their members are good value. But how do they do this?
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Features
What schemes can do to drive value for members
The job of a defined contribution default fund is simple; to generate enough savings to fund a meaningful income for an individual at retirement. Of course, in the real world, it is not as straightforward as that.
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Features
Pearson scheme upgrades comms to boost engagement
The Pearson Pension Plan has revamped its member communications and engagement strategy, using the experience to apply a similar approach to the scheme’s member-nominated trustee appointment process.
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News
UK has lowest net replacement rates of average earners in OECD
A new report has highlighted markedly low replacement rates for UK savers amid increasing pensioner poverty due to ill health, emphasising the importance of increased saving into private pensions.
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Opinion
DC Debate Q4: Mastertrusts, AE and more
Six defined contribution specialists talk mastertrusts, compulsion, and what lessons can be learnt from DC systems around the world.
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Opinion
Editorial: Club together?
Editorial: Collective defined contribution is getting another close look. And it probably will do until pure DC can prove it allows people to have a decent retirement.
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Features
MNOPF steers towards buy-in and DC merger
As derisking plans accelerate and sponsors seek to reduce the volatility of defined benefit scheme deficits, buy-ins are becoming increasingly attractive.
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News
New regime could reduce number of mastertrusts by a third
The government has set out draft regulations for defined contribution mastertrusts, estimating that the rules will cut the number of mastertrusts to about 56 from currently 87.
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Opinion
How we can cut DB transfer delays
In an increasingly consumer-driven age, the official regulatory standards for the end-to-end time allowed for a defined benefit to defined contribution transfer look positively glacial.
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Opinion
DC Debate Q4: Multi-asset to ETFs – which vehicles work for DC?
Six defined contribution specialists discuss what risk means for DC investors, and whether the time is now for ETFs.
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News
MPs launch inquiry into CDC
The Work and Pensions Committee has begun an inquiry into collective defined contribution schemes, but experts remain unconvinced of European-style risk-sharing, highlighting intergenerational and moral hazard risks.
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News
Government pushes for patient capital in Autumn Budget
Autumn Budget 2017: Chancellor of the exchequer Philip Hammond stated the government’s desire to see pension funds invest in patient capital as part of its Autumn Budget.