The incoming charge for defined contribution (DC) default funds could lead to increased volatility, BlackRock has warned.
Maintaining a diversified investment approach in default solutions for small and medium enterprises (SMEs) is increasingly challenging due to cost constraints, according to research.
PP looks at why DC trustees are finding it difficult to meet higher cost transparency rules
Providers are struggling to assess value for money in defined contribution default funds because of the wide variation in outcomes targeted by members, according to research.
Savers in defined contribution (DC) default funds are far more exposed to emerging markets than they realise, a research paper has warned.
Up to £25.8bn of assets in contract-based and bundled trust-based defined contribution (DC) schemes is in funds charging 1% or more annually, according the Independent Project Board (IPB).
The Financial Conduct Authority (FCA) is asking annuity providers to look into their non-advised sales going back to 2008 to see if consumers missed out on higher income by buying the wrong type of annuity.
The National Employment Savings Trust (NEST) is planning to add single-year maturity gilt funds to the ‘building block' funds it uses in its default retirement date funds.
Defined contribution trustees face a huge challenge in measuring 'good value for money', writes Stephanie Baxter
Proposals to improve DC governance are passing the buck to trustees